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Tds will be applicable on rent agricultural storage

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2014 Sir we are purchasing products from Formers and we are storage (keeping) in a godown for the same for the godown we are paying rent more then 1.8 Lacs Per annuam we have to deduct for the Godown payment or Not.

Any Exemption are their or the TDS on rent the Tax rate as same.
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Guest

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Guest (Expert)
18 June 2014 no exemption........ u had to deduct tds dear
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Rupesh Jain

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Rupesh Jain (Expert)
19 June 2014 tds will be deductible u/s 194I @ 10%
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