Tds on rent
Querist : Anonymous
i am company and i paid rent of rs 12000 per month to an induvidual can i deduct tds on 12000
TDS on rent is government of 194I section
.
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As there is a threshold limit of 180000 ,, you not required to deduct tds as your total payments in a year not exceeds threshold limit
Rent paid by you 12000 X 12 = 1,44,000
As the Threshold limit is 1,80,000,
No Need to deduct TDS..
Querist : Anonymous
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