Query on TDS on rent

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....uery on TDS on rent<br> Query (Issue) Started By: - Jitender Sharma Dated:- 18-11-2013 Last Reply Date:- 19-11-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Sir, I have one query regarding TDS....

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.... on Rent (as per section 192 I). TDS on rent liability will arise when rent exceeds Total limit of Rs. 1,80,000/- per annum to each payee or co-owner separately. Now, I would like to know that as we h....

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....ave shifted our office in october 2013 and in new office we have to pay Rs. 25000/- per month rent for flat that means Rs. 1,75,000/- for 7 month in this financial year to one co-owner and Rs. 15000/-....

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.... for 7 months i.e; Rs. 1,05,000/- to other co-owner for rent for furniture and fixture. So, whether we have to deduct TDS or not. Reply By Pawan Sehrawat: The Reply: Dear Jitender, Total limit of 1.....

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....8L pa is for each payee. Regards Pawan Sehrawat<br> Discussion Forum - Knowledge Sharing ....