Hi
I want to know whether new threshhold limits for TDS deducton has been implemented.
Suppose if a company pays a rent of RS 13000 to individual starting from 01.07.2010.
Does TDS will be liable to be deducted or not?
Menu
TDS rate on rent Payment
Replies (4)
Not applicable, as the total amount is below Rs. 1.80 Lakh.
The new threshhold is applicable w.e.f. 01/07/2010
Yes No TDS to be deducted the threshold limit there upto Rs.180000/- Agree
ya no deduction is required
no need to deduct TDS u/s 194I......... as threshold limit has enhanced to Rs. 180000.00 from 01.07.2010..........
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
