TDS on rent

TDS 654 views 5 replies

Dear All,

If i paid rent Rs 120000/- pa

then tds required or not
 

Replies (5)

TDS will be applicable on 1,20,001/-

According to sec 194I- tds on rental payment , you need to deduct tax on rent paid by you if, such payment exceed Rs 120000 p a..

 TDS not applicable 

TDS should not be deducted on the rent, if the annual payment =< 120000

no tds..


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register