Rent paid during the year Rs.200000/=
premises owned by 3 members (owners)
Rent paid by one person.
Whether TDS is liable for deduction or not?
rajender guptha (CA) (168 Points)
03 January 2015Rent paid during the year Rs.200000/=
premises owned by 3 members (owners)
Rent paid by one person.
Whether TDS is liable for deduction or not?
CA DEEPAK ARORA
(EMPLOYEE)
(49 Points)
Replied 03 January 2015
TDS not deductable , since the payment to one person doesn't exceed Rs.180000/- in the financial year...Hence TDS not deductable.