What is rate of tds on rent?

What is the new TDS slab for individuals for income from rent & it is charged at what rate?

  • Answer:

    In this Finance Bill TDS rates are not changed and the old rates are applicable. Thus the TDS rate is 15% plus Edu.cess 3% will be deducted . The minimum amount for Tax deduction was RS 10000 PM

Jyoti M at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

TDS to be deducted from rent if payment of rent is more than Rs 120000/- for the year. rate of TDS for individual is 15.45%

CA GOUTAM BAID

probably 20K is the Slab. Rate shud be: 2.06% (2%TDS & 3% edu cess on TDS amt.)

bhumbowklee

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.