I AM PAYING 1200 RENT FOR THE GENERATOR FOR THE V LTD CO, SHOULD I DEDUCT 2% TDS IN SEC 94I.
MUTHUSAMY
(CA FINAL & ACS FINAL)
(253 Points)
Replied 07 November 2009
NO,TDS IS TO BE TO DEDUCTED, WHEN AGGREATE AMOUNT PAID DURING THE YEAR IS MORE THEN Rs 1,20,000/-