Hi,
I am eligible to deduct rent TDS. How much should I deduct for office space use? Amount is Rs 16000/- per month.
For rent calculation, how many months are being considered? 11 or 12 months?
Thanks!
Sandeep
(ASST.MANAGER ACCOUNTS)
(1751 Points)
Replied 10 July 2013
RATE OF TDS @ 10%. FOR CALCULATION U NEED TO CONSIDER 12 MONTH- YEAR NOT 11 MONTH AND THERESOLD LIMIT IS RS.180000/- P.A
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