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TDS ON RENT OF BUILDING

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669 Points Posted on 10 June 2020
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.
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On 10 June 2020 at 13:40 Report
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8 Points Posted on 10 June 2020
FDIC luck TV AC IBM ugh IBM IBM IBM hmm hmm thx IBM
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On 10 June 2020 at 13:49
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Accountant
108 Points Posted on 10 June 2020
Yes pay tds 5%.
single Form cum challan to be filed in last month of tenancy or ending of last month of financial year.
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On 10 June 2020 at 15:06
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16 Points Posted on 10 June 2020
TDS is deducted @ 5% under section 194-IB since Rent exceeds ₹50,000/- p.m.
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On 10 June 2020 at 16:01
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Student
1321 Points Posted on 10 June 2020
Deduct tax @ 5%
6 Reply
On 10 June 2020 at 16:17


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