Tds on rent paid to aop

TDS 363 views 3 replies

If a partnership firm pays rent above Rs. 180000/- for place (commercial shop) to a person registered as AOP (association of persons). Does the partnership firm needs to deduct TDS?

Replies (3)
yes TDS needs to be made
yes have to deduct if more than 180/-
unlike huf and individual, partnership firm's do not have exemption for TDS irrespective of tax audit applicable or not


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