Can u tell me whether TDS on rent will be applicable for Lease payment For Rs 200000.We will make payment directly to the party there is no commission or Brokerage Involved.And also let me know any service tax applicable?
23 November 2010
Applicability of service tax will depend upon whether the receipients rent receipt exceeds Rs. 10 lakhs or not and not whether we are making payment less than Rs. 10 lakhs or more i think. So i disagree with taxindiaconnect to that extent.
CAclubindia
