TDS

Dear all,

                      I have one doubt in TDS on Rent....

Rent -12000 Per month

Yearly rent  -144000

As per old Slab exmeption limits is Rs. 120000 (means from 1-4-2010 to 30-06-2010)

As per New TDS slabe effect from 1-7-2010 exemption limit is 180000

Now we are paying the April month rent Rs.12000, for this amt we have to deduct tds 10% or not ????????