17 March 2016
Dear Sir, I have prop. Ship Firm Rent Paid. Mr. A 50000, Mr.B 45000/- Mr. C 75000 or Mr. D. 60000/- Total Rent Paid 230000/- please tale me laible TDS 194I yes or No.
17 March 2016
Dear The TDS is required to be deducted in case the rent paid or payable to a particular person during a financial year exceeds Rs. 1,80,000. Hence you need not required to deduct TDS.
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