Please clarify me about the calculation as to how much I have to deduct as TDS from monthly rent payable of Rs.36000/-. Do I have to calculate deducting the threshold of Rs.15000/- per month? Kindly clarify. URGENT..
27 December 2013
in addition to above, no, you don't have consider threshold limit. Once the amount to be paid or likely to be paid Rs 1.8 lakhs, TDS is deductible on the whole of the amount.
CAclubindia
