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Tds on lease rent

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30 August 2011 Dear All,

I have taken a building & land on lease.Lease rent is Rs.15,000.00 per month & Rs.10,000.00 per month respectively.

Would u please explain me how much TDS will be deducted?

Regards



30 August 2011 On Rent TDS is deducted @10% under section 194I.



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