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Tds on rent

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(Querist)
20 October 2014 DEAR SIRS,
I AM PAYING OFFICE RENT RS. 30000/- PER MONTH SO WHEN I NEED TO DEDUCT TDS ?
FROM FIRST MONTH OR WHEN LIMIT OF RS. 180000/- CROSSED ?
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@VaibhavJ

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@VaibhavJ (Expert)
20 October 2014 Hi

You can deduct TDS once you reach Rs. 1.8 lacs limit..

Thanks
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Dinesh

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Dinesh (Querist)
20 October 2014 thanks vaibhav ji..

and when i start deducting tds ,should i deduct on entire previous payment or on the monthly payment when i reach the limit ?
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@VaibhavJ

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@VaibhavJ (Expert)
20 October 2014 You need to pay on total amount paid.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
20 October 2014 When it is clear that annual threshold limit will be crossed you should start deducting TDS from the first transaction.

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