Property related TDS queries

I am from a company

I am paying rent to an individual.

what is the % of Tds I shall deduct from the rent

I am from a company

I am paying rent to an individual.

what is the % of Tds I shall deduct from the rent

Hello Bagya Rekha!!

In your case, TDS to be recovered at 15% with surcharge and cess as applicable.

Surcharge would be applicable only when the aggregate annual rent payable exceeds Rs. 10 Lakhs. But Eductional Cess at 3% would be applicable in all the cases.

Good Bye!!

I am an indivual and have rented out my space. I would like to know on the TDS % that would be cut for rental of commercial space @ 1,50,000 per month.

hi all

can any1 tell me whether we need to deduct TDS on Service tax ?????

And there is a note given by vendor: TDS not applicable on service tax.

please suggest.

Regards

Giridhar