Tds on rent 194i

Mohit (CA) (755 Points)

10 April 2012  

Hi,

I just wanted to know for AY 11-12, if Rent paid for the year is Rs 180000 i.e Rs 15000 per month, will TDS be applicable? Or is it like it should be above Rs 180000 i.e Rs 180001 onwards for TDS to be applicable?

Mohit