TDS on Rent
This query is : Resolved
13 April 2010
Hi,
I have one query about TDS on Rent.if we are paying Rent Rs.14,000/- Per Month (Say April-Mar), so In Year it's coming Rs.1,68,000/-.As per Changes in TDS thresolds from July'10(i.e 1,80,000),so for the month of April,May and Jun we have deducted TDS on Rent as per Old Thresold (i.e 1,20,000) or Not, Plsase Suggest me, it's very Urgent
Thanks
I have one query about TDS on Rent.if we are paying Rent Rs.14,000/- Per Month (Say April-Mar), so In Year it's coming Rs.1,68,000/-.As per Changes in TDS thresolds from July'10(i.e 1,80,000),so for the month of April,May and Jun we have deducted TDS on Rent as per Old Thresold (i.e 1,20,000) or Not, Plsase Suggest me, it's very Urgent
Thanks
13 April 2010
No, there is no need to deduct TDS on rent for the month of April & May & June.
Becasue threshold limit is for full financial year 2010-11.
Becasue threshold limit is for full financial year 2010-11.
13 April 2010
FROM APRIL TO JUNE DEDUCTS TDS @ 10% OR 2% AS APPLICABLE.
&
FROM JULY TO MARCH TDS IS NOT REQUIRED TO BE DEDUCTED.
&
FROM JULY TO MARCH TDS IS NOT REQUIRED TO BE DEDUCTED.
13 April 2010
I agree with Mr. Gupta's answer.
13 April 2010
AGREE WITH GUPTAJI
13 April 2010
THANKS FOR YOUR ACCEPTANCE.
13 April 2010
agree with sanjay Gupta
14 April 2010
THANKS MR. GUPTA
14 April 2010
WELCOME SIR....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
