Tds on rent

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Dear All,

I m working with a event management company. For a event we aquired a building on rent for one day. Its charges is Rs 120000+Service tax. Now my query is TDS will be deduct or not .

Thanks in advance

Replies (4)

TDS Will not applicable since threshold limit 1.80Lac Not crossed.

Thanks for reply ...but i have a doubt that any boundation on any single payment as like in case of contractor.

No, there is no such thershold limit for single payment.

Thanks a lot smileyfor your reply.

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