TDS on rent for May 2020

What is the applicable rate for tds on rent for May 2020. Is it 10% or 7.5%?

Replies (3)
Quick Summary
This discussion seeks to clarify the correct TDS rate applicable to rent payments made in May 2020. Specifically, it questions whether the rate should be 10% or 7.5%. The distinction is important depending on whether the rent is for property or for plant and machinery, with different rates potentially applying to each.

Rent for what purpose property or plant and Machinery ?.
For property 7.5 and plant and machinery 1.5

@ Santosh Jaiswal sir could you please provide the reason for adopting 7.5%

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