TDS on Rent

271 views 4 replies

what is the percentage of tds to be made on RENT PAYABLE BY A PARTNERSHIP
FIRM

Replies (4)

2% for the use of any machinery or plant or equipment

10% for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings

if the firm subject to tax audit, then tds applies.
the rate are discussed above

10% FOR THE PROPERTY 

as per section 194I ,

2% in case of rent paid for the use of any plant or machinery

10% in case of rent paid for the use of building


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register