02 March 2009
A payment of rent was made @7500pm from May 07 to Mar08. However TDS was not deducted on the of paymnet. Later in sep 08, a single deduction of Rs 1700 was made from the account of the owner & deposited by a single challan.
Pls advise how to prepare return of TDS(form26Q) as regards,
03 March 2009
firstly tds is deducted on rent if total payments are in excess of rs 1.20 lac u/s 194J so in your case total payments are below rs 1.2 lac tds is not deducted in your case tds is deducted so you will give tds certificate to the landlord & he claim refund in his return
CAclubindia
