What is TDS rate for rent (Non Resident) after 01/10/2009? We need to deduct surcharges also?
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Answer:
194I Rent other than Plant, Mach.& Eqp. 15% (Individual Or HUF) 20% for payment to others 194I Rent of Plant ,Machinery &Equipments 10% in all Cases If the Rent Exceed Rs.1,20,000/- in the the financial year. You need not to deduct surcharges wef from 01.04.2009
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