Tds on rent 194IB

167 views
User Avatar

157 Points Posted on 06 December 2021
I am an individual paying rent april to sep 40thousand per month but from October rent has been increased to 1 lac per month.from which month i should deduct tds and what amount.should i deduct tds from april month rent or October month rent
0 Reply Share Follow
On 06 December 2021 at 12:30 Report
Replies (2)
Quick Summary
This discussion addresses the deduction of TDS on rent under Section 194IB for an individual. The user is paying rent of £40,000 per month from April to September, which then increases to £100,000 per month from October. The query focuses on determining the correct month from which TDS should be deducted and the applicable amount. Additionally, it touches upon the late filing fees for TDS returns.

User Avatar

243 Points Posted on 06 December 2021
Start deducting from the amount exceeds 50,000 i.e,, Oct 21 .
Reply
On 06 December 2021 at 13:42
User Avatar

157 Points Posted on 06 December 2021
October month 26 qc toady i will file how much late fees will be levied
Reply
On 06 December 2021 at 13:45

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Is it legally permissible not to report F&O lo
  2. Query on FCTRS
  3. APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
  4. Advance for supply of goods
  5. Question for members: how do you manage client doc
  6. Clarification Required on Invoicing and Receipt of
  7. SEBI Registered VS NSDL Registered RTA
  8. Income tax or capital gain tax for Resident Indivi
  9. PCIT-1 Thane Email address
  10. CA Fees deduction for non audit case allowed?

More recent discussions | Post

Related Topics :

Loading