TDS under section 194IB

dear sirs, does a small company which is not coming under tax audit, pays rent of RS.60000 per month requires to deduct TDS under section 194IB while paying rent. Thanks in advance
Replies (2)

Why not u/s. 194I of the act?

Dear madam,
the provisions related to section 194IB are applicable only to the individuals and HuF's who are not covered under 194-I(b).
so, the small company does not come under the perview of 194-IB

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