CA Day celebration 2024 Easy Office
LCI Learning

section 194I

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 December 2010 Land lord claims Rs.13000/- pm as rent and Rs.3000/- pm as Service Charges in the same bill. Is section 194I applicable
Profile Image

vinu vasudevan

Profile Image

vinu vasudevan (Expert)
07 December 2010 TDS @ 10.3% is applicable only if the rent exceeds Rs 1.8 L annually. This limit, which was Rs 1.2 L earlier, has been increased from 01.04.2010.Now in ur case u r paying Rs.13000 pm ie;Rs.156000 p.a Therefore no TDS.
Profile Image

S. Karthi

Profile Image

S. Karthi (Expert)
07 December 2010 No need to deduct tds u/s 194I.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links