Easy Office
LCI Learning

Tds on rent

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 March 2016 Sir , Any one Pl suggest for me

I have taken go down for rent. Monthly Rent is Rs. 7000/- per month [Rent Agreement 1st of April 14 to Mar 15 ]
Monthly 7000 X 12 = 84000, TDS not covered

But I have paid 12 month Rent in single payment by cheque on 1st of April 2014 Whether TDS Applicable or not
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
02 March 2016 No single payment threshold limit in sec.194I , Overall limit only even paid single payment also. so your case TDS wont apply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links