Tds on payment made to government.
This query is : Resolved
16 September 2016
Please clarify : Is Tds to be deducted on a payment made by private entity to government in nature of rent amounting to Rs.48,00,000 p.a.
16 September 2016
No TDS is required to be deducted, in case rent is paid to government.
16 September 2016
you should not deduct tds
17 September 2016
No TDS is deducted on payment to government and financial Institutions. So no TDS will b applicable in ur case.
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17 September 2016
Does the opinion change if rent is paid to State Goverment ?
17 September 2016
no opnion shold not change.
word used in sec196 is government, and not central government.
so no tds is required to be deducted even in case when rent is paid to state government
word used in sec196 is government, and not central government.
so no tds is required to be deducted even in case when rent is paid to state government
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19 September 2016
Thank you for the help.
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