Tds help

"mr .y is a salary person."

According to the provisions of sec 194 I , individual not liable to tax audit u/s 44AB can not deduct tax at source

If Mr. Y does not has any income u/h PGBP and/or not liable to tax audit then  he can not deduct tax @ source

TDS u/s 194 I - TDS on Rent 

Mr. Y must take TIN no. From NSDL

Fisrt month no deducted tds full payment Rs 30,000

May month  no deducted tds full payment Rs 30,000/-

June month No deducted tds full payment Rs. 30,000/-

july """""""""""""""""""""""""""""""""""""""""""""""""""""Rs. 30,000/-

aug"""""""""""""""""""""""""""""""""""""""""""""""""""""Rs.30,000/-

Sept"""""""""""""""""""""""""""""""""""""""""""""""""""'Rs. 30,000/-

Oct mont   tds  deducted 10% all amount (Rs,30,000+Rs. 180,000/-) *10%= Rs. 21,000/- And balance  payment to X

Next months   tds deducted on Rs.30,000/-     @ 10%

Thanks

see this link        https://law.incometaxindia.gov.in/DIT/File_opener.aspx?page=ITAC&schT=&csId=0b1555a8-0847-4036-9916-608d7a97c081&rdb=sec&yr=e5be6bdb-1fc4-42d6-ac7b-34a44fd65485&sec=&sch=&title=Taxmann - Direct Tax Laws

what rohit sharma said holds good only when the gross receipts of y the tenant from his profession  exceeds 60lakhs per year

TDS is required to be deduct only if exp is connected with the Business of profession of the assessee if assessee is required for tax Audit

Since assessee salaried person there is no need to deduct TDS on rent paid

but Tenant should take pan card of landlord for his sake to avoid litigation with department

something miss

Give me full details for this provision ,Mr x has income only from house property.

Please See Section- 194(I)

Tds  not payable on individual case . TDS is only deducted on those who a/c is under Section 44B

I agree with Mr Mukesh Kumar.

Not Just everyone can deduct TDS,

Only those person whos accounts are liable to get audited under Sec 44AB  should deduct TDS, an individual cant deduct tds.  

Totally Agreed with Santhosh ..

Thanks & Regards

Karandeep

THANKU VERY MUCH .NOW CLEAR MY DOUBT.

DEAR SIR

HOW TO FILE REVISE TDS RETURN.

THANKS

DEEPAK CHAUHAN