Tds on building rent monthly

This query is : Resolved 

21 November 2024 I am running a business of nursing home on rented property
Monthly rent is 30000
Should I deduct tds on above rent paid

21 November 2024 Yes, TDS u/s. 194I would be applicable if you are individual & your books were audited in preceding year u/s. 44AB IT act.

21 November 2024 What is the maximum threshold like limit sir


21 November 2024 As per sec. 194-I IT act, it is Rs. 2,40,000/- PA.



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