Whether tds deducted.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
i Have incurred expenses under 194 I for building rent and for machinery rent ,should deducted TDS on both expenses.Rent provided by a proprietor firm and rent paid by the co.
Building Rent-1 lacs Annually.
Plant and Machinery rent-85,000. per year.
Rent is paid to A single firm is 185000 should deducted tds and how to deduct TDS.
Building Rent-1 lacs Annually.
Plant and Machinery rent-85,000. per year.
Rent is paid to A single firm is 185000 should deducted tds and how to deduct TDS.
17 June 2014
when rent exceeds rs 180,000 p.a then yes tds is applicable u/s 194I.
17 June 2014
TDS to be deducted on total amount of Rs 185000/-. Threshold limit of Rs 180000/- is for each payee under same section.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- SALARY CAN BE CAPITALIZE
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- TDS on Fixed Assets purchased
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
