Answer / rajesh

TDS is Tax Deducted at Source. every month on 7th we have
credit deducted TDS amount to central government a/c.
for an eg:- if ur deducting TDS on 31-st July'08
TDS to be remitted on 7th Aug 2008
after that we have to file Quarterly TDS on or before 15th
coming after quarterly month.
eg: April,May & July-we remitted TDS
Quarterly Return Date : 15th July

Answer / shireesh kumar

TDS is Tax Deducted at Source. TDS pay every Quarterly paid
to central government. TDS 15.45% of Rent

Payment of Rent of Land, Building or Furniture

TDS is deductible if payment is in excess of Rs. 1,20,000/-
per annum

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