Easy Office
LCI Learning

TDS for my flat

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 May 2010 I have rented out my flat to a company for a rent of 12000/- per month. I have received Rs. 10,800/- towards rent after the company deducted a TDS of Rs 1200/-. I hear that the TDS ceiling for house rent has been raised to 1,80,000/- with effect from this financial year. Is it right / confirmed? can I ask my tenant not to deduct the TDS in view of the raised ceiling?
Profile Image

CA CS CIMA Prakash Somani

Profile Image

CA CS CIMA Prakash Somani (Expert)
10 May 2010 i dont think so.. pls refer my tds rate chart for this FY >> www.psomani.caclubindia.com <
Profile Image

chetan soni

Profile Image

chetan soni (Expert)
10 May 2010 Yes, the limit is raised high to 1.8L from 1.2L but this is effective from 01 Jul 2010. Till that date the limit stands to 1.2L p.a.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links