i think u/s 194 I TDS on house rent upto Rs.180000 annualy is not required to be deducted, but above Rs.180000 we have to deduct TDS @ 10% on aggregate amt. paid .w.e.f. 01.07.10.
Up to Rs. 180000.. Not required to deduct TDS.. But if above Rs. 180000, Then U have to deduct TDS on entirePayment U/S. 194 I... and it will not make any difference for Senior Citizen or Common man
Up to Rs. 180000.. Not required to deduct TDS.. But if above Rs. 180000, Then U have to deduct TDS on entirePayment U/S. 194 I... and it will not make any difference for Senior Citizen or Common man