Poonawalla fincorp
Poonawalla fincorp

TDS on Rent

This query is : Resolved 

25 August 2009 person having two different property's on different locations and both the property's are let out for single tenant, on which rent paid on each property does not exceed Rs.1,20,000/- P.A.but the aggregate rent paid exceeds Rs.1,20,000/- P.A.

whether the tenant was liable to deduct TDS or not?

26 August 2009 Dear Mohan Reddy,

Tenant is liable to deduct TDS..



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