Rate of T.D.S

This query is : Resolved 

18 February 2011 We pay Rent Amt on warehousing facilities alongwith Service Chgs on clearing and forwarding agency fees to a party on monthly basis. Till date we have been deducting T.D.S @ 1% every month on the bill so raised. What will be the rate of T.D.S to be deducted on Rent and Service Charges payment of the party? Can we deduct t.d.s on rent as well as on service charges on single bill?

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18 February 2011 In my opinion, TDS should be deducted only u/s 194C.



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