Tds on rent

433 views 1 replies

Rent paid during the year Rs.200000/=

premises owned by 3 members (owners)

Rent paid by one person.

Whether TDS is liable for deduction or not? 

 

Replies (1)

TDS not deductable , since the payment to one person doesn't exceed Rs.180000/- in the financial year...Hence TDS not deductable.

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