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Need help for tds on rent

Pijush Roy (ERP SAP Functional Tester) (281 Points)

28 August 2013

TDS on rent deduct by any person (not Individual or HUF, who are not require to Tax Audit 44AB in the previous year).

What is the meaning of "not Individual or HUF, who are subject to the Tax Audit 44AB in the previous year",

Please explain

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3 Replies

Sachin Rajput (account exe) (593 Points)
Replied 28 August 2013

it means if u r individual and paying rent to your landlord than u no need to deduct tds while payment rent .

Pijush Roy (ERP SAP Functional Tester) (281 Points)
Replied 28 August 2013

Hi Sachin

thanks for your reply....
that means individual and HUF, if cross the limit mentioned for Tax Aduit, are responsible for deduct TDS from rent, otherwise not.

Am I right?