tds on advance payment of tax

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preeti tiwari (Querist)
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30 May 2011 During the FY 2010-11 we have paid the rent as follows ...

a. 3 months rent in Advance as security deposit.(i.e.45000*3=135000)in the month of feb.2011 and...

b. Rs. 90,000 (Rent of feb & march 11)

I would like to know about the TDS applicability in both cases.

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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30 May 2011 please state the nature of deposit is it refundable o5r non refundable
if the deposit is non refundable or adjustable in the future rent then tax is deductible
CA MANOJ GUPTA
JODHPUR
09828510543

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