Tds on rent

This query is : Resolved 

10 October 2012 I have doubt taht, if builder has redevelopment project and he is paying compensation for rent to existing tennants, who are living on rental flats. And rent amount exeeding Rs.1,80,000/-, whether it is attract tds.

10 October 2012 It will attract TDS if the payment made by develeoper exceeds 1.8 lakhs, as the payment made is in the nature
of rent only.



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