03 June 2013
I have a agreement with my parent company to reimburse the exp incurred by them for sharring of space(Rent). Does it amount to contract. Im i requie to deduct tds?
03 June 2013
As per my opinion Rent should be paid to the Parent Company and TDS u/s 194I should be deducted @10% if the Rent p.a exceeds Rs.1,80,000/-