12 December 2015
Sir till august company is under no obligation to deduct tax under section 194I as rent amount was within the limit of Rs. 180000/- but from August the threshold limit crosses and company is under obligation to deduct TDS. My question is whether TDS to be deducted on amount of rent paid from August or on full amount of the year. And if on full amount then interest to be paid on delay deduction.
CAclubindia
