Tds rate on rent of house property

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student
255 Points Posted on 09 November 2020
what is the tds rate on house property rent for the month of April 2020
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On 09 November 2020 at 06:40 Report
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The TDS rate applicable to house property rent for Assessment Year 2021-22 (relating to the previous year 2020-21) is 10%. This is governed by Section 194-I of the Income Tax Act, 1961. There's a threshold limit of £240,000 per annum for this deduction. The section differentiates between rent for plant and machinery versus rent for land and buildings.

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Accountant
3662 Points Posted on 09 November 2020
Your query is not clear
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On 09 November 2020 at 06:52
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Profession
28261 Points Posted on 09 November 2020
Prashant


tds rate on house property for assesment year 21 22 pertaining to previous year 20 21 is 10%.
threshold limit is 240000.
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On 09 November 2020 at 07:43
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Accountant
3662 Points Posted on 09 November 2020
#Sabyasachi

under which section
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On 09 November 2020 at 12:08
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Profession
28261 Points Posted on 09 November 2020
Sec 194 I of Income Tax Act 1961.
There are two categories one rent on plant and machinery and rent on land building.
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On 09 November 2020 at 12:43

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