TDS for Rent in Excess of Rs 50,000 per month
This query is : Open
25 November 2020
Hi,
If a proprietor pays rent of Rs 51,000 per month (this is paid to 3 different owners Rs 17,000 each) , then would he be liable to deduct TDS on the same?
50,000 per month limit is per owner or it should be considered in totality?
Regards,
If a proprietor pays rent of Rs 51,000 per month (this is paid to 3 different owners Rs 17,000 each) , then would he be liable to deduct TDS on the same?
50,000 per month limit is per owner or it should be considered in totality?
Regards,
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