Menu
TDS ON RENT OF BUILDING
my client is not liable for Tax audit and paying rent Rs.56,000 PM. is he liable to deduct TDS @ 5% or 10% since the annual rent more than 2,40,000.
Replies (4)
FDIC luck TV AC IBM ugh IBM IBM IBM hmm hmm thx IBM
Yes pay tds 5%.
single Form cum challan to be filed in last month of tenancy or ending of last month of financial year.
single Form cum challan to be filed in last month of tenancy or ending of last month of financial year.
TDS is deducted @ 5% under section 194-IB since Rent exceeds ₹50,000/- p.m.
Deduct tax @ 5%
Recent Threads
- ITR -property dealer
- Warehouse Registration, Whether mandatory?
- Time limit for claiming Input GST credit
- Gst rate and Sac code or RCM attract
- Poll: Do you spend > 30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
Related Threads
CAclubindia
