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What is the t.d.s deducted on rs. 327000/- for office/ plot rent?


What is the t.d.s deducted on rs. 327000/- for office/ plot rent?

U/s 194 i Rent paid for
a. Land
b. Buildings
c. Land appurtenant to a building(including factory building)
d. Plant & Machinery
e. Equipment
f. Furniture & Fittings

> Rs.1,20,000 per year, 15% if the rant is paid to Individual & HUF, for others 20% has to be deducted from the rent amount.

TDS on Rs.3,27,000 @15% will be Rs.49,050 + Edu.Cess Rs.1472 = Net Rs.50,522. (For individuals /HUF)

TDS on Rs.3,27,000 @20% will be Rs.65,400 + Edu.Cess Rs.1962 = Net Rs.67,362. (For other than individuals and HUF.

http://www.incometaxbangalore.org/taxinf...

Go to Incometaxindia wed site and in TDS section you will have the desired details.
Or a practician CA will be able to accurately calculate the quantum depending upon the details of your case.

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