Menu
TDS SECTION 194I
Sir I have a partnership firm, We pay pay rent around 3lacs per month, how to deduct TDS and which TDS return form to be filed... is 26q applicable ??? kindly clarify..
Replies (4)
TDS applicable u/s 194I** & Rate of TDS 10%...
Yes... 26Q is applicable for the filing.
Yes... 26Q is applicable for the filing.
You must deduct Tds @ 10% u/s 194I and pay through challan no.281 under which tax code should be 94I
THANKS ALL for quick response 🙏🙏
Rent on what ? Building / Machinery etc
Rent for office premises ?
Rent for a use by Firm Partner ?
Rent to different parties
If rent payment to any party is upto 240000/- in aggregate per year then no TDS.
Break up of 3 lakhs with particulars is required to ascertain TDS applicability for each party.
Rent for office premises ?
Rent for a use by Firm Partner ?
Rent to different parties
If rent payment to any party is upto 240000/- in aggregate per year then no TDS.
Break up of 3 lakhs with particulars is required to ascertain TDS applicability for each party.
Recent Topic
- Reabte 87A new regeim for FY 2025-26 (AY2026-27)
- OTP ENTERED BUT NOT PROCESS THE RETURN
- Form 16 Includes Salary Recovered Towards Notice P
- Altera INTC
- Itr schema a.y 26-27 v/s form no.16
- Advance Tax for senior citizen with small speculat
- Zero income tax on Capital Gain on sale of house p
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
Related Topics
CAclubindia
