How to calculate TDS for rental income of Rs. 1,80,000/= in 2015-16. Is there basic exemption upto Rs. 1,80,000/=.
Dr S K Birju (31 Points)
21 February 2016How to calculate TDS for rental income of Rs. 1,80,000/= in 2015-16. Is there basic exemption upto Rs. 1,80,000/=.
Dr S K Birju
(31 Points)
Replied 23 February 2016
The topic says differently in two posts. If it is taken as rental income, then upto Rs. 1,80,000/= no TDS is required. But the other post says it will be treated as other income and subject to 30.9% TDS.
Plz clarify
Thanks
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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