Easy Office
Easy Office

TDS on Rent

This query is : Resolved 

23 June 2020 HI
Building Rent is paid by Private Limited to Both Two Director of Company and Ist Co-Owner is rent Rs 1,80,000/- and 2nd Co-owner is rent Rs 1,80,000/- Now Will be TDS applicable on rent. If Yes please mention Rate of TDS deduct and limit amount.



Regards

24 June 2020 No need to deduct income tax .
Inference :- proviso to section 194I and CBDT Circular 715 (answer to question no.21) dated 8-8-1995.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries