Tds on maintenance charges

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 March 2016 Sir,

At present my company giving rs-5000/- p.m. as a maintenance charges to his land lord. So what is the TDS rate and ceiling limit for maintenance charge, if it is crossed rs- 5000/- in future.

What will be the amount of maintenance charge annually, for that tds need to be deducted ?

04 March 2016 Dear
it is a part of the rent taken by the landlord hence TDS would be deducted under section 194I @10%.
the limit for rent is Rs.1,80,000/- p.a



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