Rent for the month of April & May
paid in June. TDS will be 7.5 or 10 .
Menu
Tds rate query
Replies (2)
Reduced rate will applicable from 14.05.2020
Reduced Rate of 7.5% will be applicable. TDS @ 7.5% under Section 194-I(b) of the Income Tax Act 1961 needs to be deducted incase of payment of Rent towards Immovable Property.
Certain Non-Salaried TDS Rates have been reduced by 25% for the period 14th May 2020 to 31st March 2021.
Certain Non-Salaried TDS Rates have been reduced by 25% for the period 14th May 2020 to 31st March 2021.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
