TDS
kumar (Executive) (99 Points)
23 July 2011kumar (Executive) (99 Points)
23 July 2011
Mihir
(Wealth Manager)
(5293 Points)
Replied 23 July 2011
The threshold limit for TDS u/s 194I is Rs. 180,000/- in the financial year.
Prateek Jayachandra
(Tax & Audit Professional)
(49 Points)
Replied 23 July 2011
Please give the following details:-
1. total rent paid by you for the entire year, (Rent p.m. of both flats * rent p.m.)
2. Tax deducted by you for the rent paid.
3. When TDS remittance was made.
This will help determine whether you have to deduct tax or not.