Tds rate for rent

Others 227 views 4 replies
we paid monthly 135000 rent for land and building kindly clarify the TDS deduction rate for that rental amount
Replies (4)
10 percent every month should be deducted and deposited by 7th of next month
Above 50000 monthly rent 5% or not
Due to covid situation, TDS @ 7.5% on Rent till 31.03.2021
Depends.. there are two separate provisions of rent payment for TDS. Are you covered under section 44AB ( ie is limit of tax audit applicable ).


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