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tds on rent

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(Querist)
01 December 2009 if i book office rent expenses in our books of accounts how much amount will be not eligible to deducted TDS?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
01 December 2009 Up to Rs.1,20,000/- in a financial year.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
01 December 2009 up to Rs.1,20,000/- afterthan as per Sec.194I Rent on Plant/Machinery @ 2% & Rent Otherthen Plant/Machinery @ 10%,If PAN not Quoted 20%
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
01 December 2009 agree
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
01 December 2009 Agree
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maya

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maya (Querist)
02 December 2009 can rent will be paid in books of accounts in cash upto 10000 per month?
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
02 December 2009 it doesn't matter that rent is booked in cash or though bank , if payment during the year is Rs,120000/-, you are supposed to deduct tax.

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