Tds

This query is : Resolved 

09 September 2013 suppose proprietor/HUF carrying the business of Iron Shuttering. it is not required to have audit his accounts u/s 44 ab.
it is carrying its business by taking plot on rent of which he is paying rent 7500/= per month.
now query is whether such proprietor/HUF is liable to deduct TDS u/s 194I on rent or not.

11 September 2013 No liability for TDS

11 September 2013 pls. specify provision in this regard




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