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 Threads
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
Related Threads
CAclubindia
