Guest

yes he will required to deduct TDS..............

JAINENDRA JAIN

ACS/CA

1668 Points Posted on 14 June 2014

yes when the total rent to same person for land or plane and machinery or combined exceed the specified limit than need to deduct TDS.

Tribhuvan Aditya Singh

Student as well as Self-employed

3710 Points Posted on 14 June 2014

yes, the person is reqd. to deduct tax on both properties because sec. 194I means amt. paid to a person in respect of any property. thus where the owner is same with diff. properties and rent exceeds 180000p.a., tds is reqd. to be deducted.

Mihir

Wealth Manager

5293 Points Posted on 15 June 2014

No, when the property is different, the rent agreement, too, shall be separate even if the name is the same. So, TDS need not be deducted on property 2 since it is less than Rs. 15,000/- pm.

VIJAYA KUMAR

PROPRIETOR

33 Points Posted on 15 June 2014

I support mihir answer

N.VENKATARAMAN

FINANCIAL CONSULTANT

56 Points Posted on 15 June 2014

Mihir is wrong, rent is paid to same person and the total rent is more than exempted limit, so tds to be deducted on property 2 too.

Deepak Nagori

Partner at D R Sastry & Associates Char

415 Points Posted on 15 June 2014

Section 194 I does not talk about rent for single or multiple properties. Hence TDS will be required to be deducted if total rent paid to single person exceeds Rs 180,000 p.a.

Rahul Bansal

Partner

21 Points Posted on 15 June 2014

Agree with Mr. Deepak

anuj jaiswal

CA

24 Points Posted on 15 June 2014

Tds to be deducted on the whole amt paid as a rent to any person regardles of no. of property. For example If a professional has given accountancy & other services we never deduct tds under 194j based on service category but total amt paid to professional