Tds rate for rental payments

TDS 216 views 2 replies

What is the percentage of TDS to be deducted from Rental Payments?

Replies (2)

TDS on rent:

Payment for use of machinery/plant/equipment- TDS @ 2%

Payment for use of any other asset- TDS @ 10%

TDS rate in case of rental payments under sec 194-I: Plant & machinery- 2% Land, building or furniture- 10&


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