Menu
TDS on rent
Wat if the rent is paid by indvl and the invoice doesnt contain gst still tds has been deducted? Was there a rqrmnt to deduct tds as there is exemption to deduct tds if the party is nt subjct to tax audit or as used tge premises not fr commercial purpose
Replies (3)
Above 1,80,000 total rent paid in a year 10%. tds will be deducted.
from current year limit for TDS on rent is 240000 p.a.
so if the rent paid crosses the minimum threshold then TDS is required to be made
so if the rent paid crosses the minimum threshold then TDS is required to be made
If the individual deductor is not liable to tax audit in preceeding year, then TDS liability u/s. 194 I is not applicable to him.
Recent Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
