We are a manufacturing unit (Partnership Firm)have already Paid (this Year F.Y.2010-11) Rent of Rs. 2,16,000 but the rent devided and paid into three person (Mr.Amit Rs. 1,20,000, Mr. Bimal Rs. 48,000 & Mr.Suren Rs. 48,000) then can we Deducted TDS For Rent both of parties or not
From India , Calcutta
Dear All, According to new TDS rules, the due date of payment of tax deducted for the entire month of march, 2011 is 30th April-2011 & due date for tds return for Q4 is 15th May-11.
From India , Mumbai
You are not required to pay TDS because its below the limit of TDS to be duducted.. anything else ask me....
From India , Pune
Dear Niloy, You have paid rent to 3 parties you will not pay any tds because your paid amount is below the minimum limit of Tds rent is 1,80,000/- per f.y. Regards, Virendra
From India , Gurgaon

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