Tds on rent

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Hi All,

Please clarify me on this issue... X Ltd. is paying rent of Rs. 1,00,000 per annum to Mr. A for the premises he has let out in Place A. Mr. A also owns a building in Place B, which he has let out to X Ltd., for a rent of Rs. 1,00,000. Kindly help me in applicability of TDS - whether separately or together the payment of rent exceeds Rs. 1,80,000 to the payee ???

Replies (1)

TDS IS REQUIRED TO BE DEDUCTED IF AGGREGATE AMOUNT PAYABLE TO A PERSON EXEEDS 180000, HENCE TDS WILL BE APPLICABLE.

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