01 May 2017
if at the starting of financial year person provide rent deed ( for example on 01.04.17 he provide rent deed from 01.04.17 to 31.03.18 ) then should we deduct tds from his salary
example basic= 115200 da= 81840 hra= 78816 incentives = 62400 total earning= 338256 pf = 13824 rent deed provide for the year = 96000
01 May 2017
na you need not to deduct rent, although u r getting provisional receipts for start of the year... approx in january or february you can ask for original receipts
01 May 2017
ok sir thanku so much sir but sir he said landlord dosnt provide any receipt monthly or quarterly there is only rent deed as a proof or rent paid by him
CAclubindia
