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Rate of TDS on Rent and TDS chart for F.Y. 2017-18, Income Tax

Issue Id: - 111680
Dated: 22-3-2017
By:- Ramesh Rangani

Rate of TDS on Rent and TDS chart for F.Y. 2017-18


  • Contents

Hi Experts!

Pl. help me in my understanding for TDS on rent of residential property (guest house):
Since the company is going to pay rent of INR 51000 per month for full year (Apr-2017 to Mar-2018), provisions of Section 194I-B is not applicable. Hence provisions of 194I is applicable and TDS @ 10% on every payment of rent will be deducted.
Thanking you in anticipation.
Rgds,
Ramesh

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 3-4-2017
By:- MARIAPPAN GOVINDARAJAN

The Finance Act, 2017 gives the list. If it is not possible to get it please inform.


2 Dated: 25-4-2017
By:- Ponnuri DhanamjayaRao

Sir, Pls inform if there is any provision as per the amendment in Budget 2016 that NO TDS need to be deducted if 15G / 15H has been submitted, while TDS is supposed to be deducted @ 10%, applicable under sec,194 - 1 when the Rent payable by the company is more than 1,80,000/- p.a. Regards.


Page: 1

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