TDS on rent

Which periods or months

No TDS on Rent Uptill Rs. 2,40,000/-

TDS Rate on Rent of :
Plant & Machinery = 2% (uptill 31.3.201 = 1.5%)
Land & Buildings = 10% (uptill 31.3.201 = 7.5%)

For more details contact -
CA Sachin M Jain

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Not liable for tds

As per sec .194 I - Limt Rs .20000

TDS required when annual rent paid is exceeding 240000.
another condition is that it is for the business and you have tax audit in year previous to the last year.
if it is for the personal purpose you don't required to deduct any TDS