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TDS implication on Rent payment to Govt.Deptt.

This query is : Resolved 

15 October 2010
We are making rent payment to govertment department,gujarat for last four months.

what would be TDS implication on this case.

should we deduct tds on the paid amount or

avoid it.

suggest us.

Vinay Kale

17 October 2010 Mr. Vinay,

a) TDS is to be deducted on Rent Paid to any person unless he submits certificate u/s. 197.

b) However there is a Threshold limit of Rs. 180,000/- It means if your annual payment doesn't exceed there is no necessity to deduct tax. Otherwise you have to deduct monthly.

Hope u understood.

Thanx

19 October 2010
Thanks u very much




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