Poonawalla fincorp
Poonawalla fincorp

TDS on Rent

This query is : Resolved 
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(Querist)
01 June 2009 Dear All,

If i paid rent Rs 120000/- pa

then tds required or not
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 June 2009 Not required because question of deduction arises when aggregate sum of rent credited or paid exceeds Rs.1,20,000/- per annum.
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aniket

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aniket (Querist)
01 June 2009 Thanks its applicable if Rs 120001/-
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
01 June 2009 not applicable

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