In case of rent, should i pay cash or cheque to landlord?
This query is : Resolved
28 February 2015
One of my client have a software company, recently he is gonna hire a building @ 33000/- P.M as rent. But the Landlord ask him to pay the amount of rent in Cash, means he doesn't want any kind of Rent bill. In case what to do? should he agree or would there be any prob for him in future?
28 February 2015
Pay by chq only... if he is nt agree.. then prrpare rent slips for each payment with revenue stamp theron..nd rdgistered rent agreemnt as suppo. Evidc
02 March 2015
CA M Indani ji, If he pays by Cheque then he should take rent slip or not to show as expenses in Profit & Loss A/c. Actually Landlord doesn't want to bear tds amount. Is tds not applicable? if rent amount is paid in cash & take rent agreement, Why Landlord doesn't want to issue any bill & why does he want amount in Cash, doing so what does he want to hide?
02 March 2015
..............................................................................
19 March 2015
Dear Expert,
Is TDS not applicable in case rent paid during the year exceeds Rs. 180000?
Also, can payment of rent (being a business expenditure) be made in cash for an amount exceeding RS. 20000?
Is TDS not applicable in case rent paid during the year exceeds Rs. 180000?
Also, can payment of rent (being a business expenditure) be made in cash for an amount exceeding RS. 20000?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Is online PGCE worth it?
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
