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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 In case we are purchasing a Agricultural products and we are storing in a God own for the same we are paying go down rent above 1.8 lacks per Annam for the same we have to deduct the TDS or Not In case of deduction how much the TDS Rate will be applicable.
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Rupesh Jain

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Rupesh Jain (Expert)
19 June 2014 yes tds will applicnble
@ 10% on rent amount u/s 194I

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