Tds on rent

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2014 In an organisation rent paid is RS 18150/- per month, annually amounting to Rs 217800/-. As per the agreement rent is payable in advance every month i.e, on or before 10th every month. As per agreement cheque has to be drawn in favor of 2 parties at @ Rs 9075 each.
DOESNT THE COMPANY HAVE TO DEDUCT AND PAY TDS ON RENT U/S 194I EVERY MONTH?

28 February 2014 Hi

No TDS since payees are different.

Thx



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