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Dear All, tell me anyone what rate of tds on rent of lpg manifold while bill am.3500/-per month only. pl.confirm also tds applicable or not. Regards,
From India , Bangalore
My question is that what tds ded. rate applicable on Rent of Lpg Manifold.when bill amount 3500/-per month only.So total amount is fy-3500*12=42000/- Regards,
From India , Bangalore
Hi,
As per the provision of the Incone tax act under section 194I, the exemption limit is upto INR 1,80,000.00 in any financial year, whether the bill is monthly or annual. So the amount will not be liable for deduction of TDS.

From India , Delhi
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