Tds on rent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2013 Pls advise tds on rent payment of Rs 51,000/-

Rent on premises to 1st owner 5,500/-

Rent on premises to 2nd owner 5,500/-

Rent on furniture to 1st owner 20,000/-

Rent on furniture to 2nd owner 20,000/-

Tds on rent on furniture only(rent on premises is below 1,80,000/-)

to 1st owner 2,000/- per month

to 2nd owner 2,000/- per month

Shrikant Toshniwal

Shrikant Toshniwal (Expert)
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09 February 2013 DEAR SIR,
YOU HAVE NOT MENTION FY YEAR SUPPOSE 12-13
RENT OF PREMISE UPTO 180000 NO TDS IF EXCEED 10%
IF ONLY RENT OF FURNITURE UPTO 180000 NO TDS IF EXCEED 2%
BOTH RENT LIMIT IS 180000
THANKS
SHRIKANT