Income tax

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WE ARE PAYING RENT TO SHIMOGA CITY MUNCIPAL COPORATION RS 1 LAKHS PER MONTH OURS IS A FIRM WHETHER TDS IS TO BE MADE THEY ARE OF THE OPINION NOTDS REQUIRED
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Hello,

Sec 194I has specifically mentioned taht there is no requirement to deduct TDS if payment is made to "Government" or "Local authority" u/s 10(20), which Included "Municipal corporation".

Hence there is no laibility of TDS is You are making payment to Simoga city municipal corporation.

 


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