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Tds on rent
suppose rent of a building is 2.5 lakh and is owned by joined owners,whether the tds section is applicable?
Replies (3)
If the rent is being given to the joint owner separately in their account then tds deduction not required but given to them combinedly then deduction required
If rent more than 180,000/- pa, then TDS applies.
If rent more than 180,000/- pa, then TDS applies.
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