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