TDS ON PAYMENT OF RENT TO MUNICIPAL CORPORATION

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Mayur Gupta (Querist)
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08 September 2016 IF A PERSON IS MAKING PAYMENT FOR RENT OF A AUDITORIUM OWNED BY MUNICIPAL CORPORATION OF THAT LOCALITY........IS HE SUPPOSED TO DEDUCT TAX?? PLEASE PROVIDE THE RELEVANT SECTION

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 September 2016 NO TDS u/s 196 of Income tax act 1961. Also refer Circular No 699 dated 30-1-1995..

Link: http://incometaxindia.gov.in/Communications/Circular/910110000000000861.htm

Mayur Gupta

Mayur Gupta (Querist)
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08 September 2016 THANK YOU SIR.....

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