TDS on rent applicable

259 views 7 replies
Dear Sir,

Rent on land is Rs. 30000/- per month ( Annual 360000/-)so please suggest can we need to deduct TDS or pay full amount cheque
Replies (7)
If Audit is not applicable then tds not applicable ..

50k limit is applicable for non audit cases of 26QC
Sir, Audit is applicable on our case Turn over is Rs.1.81 crore. so need to deduct how much
Land or building 10%
Thank you very much Sir
The question of audit is irrelevant.

Yes, TDS will be applicable @ 10%

Read Form 26QC , you will come to the relevance of Audit & Non audit cases


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register