Tds on rent
This query is : Resolved
09 July 2012
Dear All
My company is using Photo copier machine on rent. We are paying rent on monthly basis. The vendor is raising bill for rent & also he is charging on per copy basis with VAT. My query is on what basis I do have to deduct TDS. I was deducting TDS on Rent only. Whereas the vendor is saying that it has to be on whole bill amount.
Please clarify.
My company is using Photo copier machine on rent. We are paying rent on monthly basis. The vendor is raising bill for rent & also he is charging on per copy basis with VAT. My query is on what basis I do have to deduct TDS. I was deducting TDS on Rent only. Whereas the vendor is saying that it has to be on whole bill amount.
Please clarify.
09 July 2012
TDS is not applicable on Service Tax on rent :TDS on service Tax on rent is not applicable .
[Circular No. 04/2008 dated 24.04.2008]
SERVICE TAX IN NOT INCLUDED BUT NOTHING SAYING ABOUT VAT.SO THAT VAT IS INCLUDED WHILE DEDUCTING TDS.
[Circular No. 04/2008 dated 24.04.2008]
SERVICE TAX IN NOT INCLUDED BUT NOTHING SAYING ABOUT VAT.SO THAT VAT IS INCLUDED WHILE DEDUCTING TDS.
09 July 2012
Dear Bhavesh
if there is only one bill for rent and copy chareges then you must deduct TDS on full bill amount. If there is separate bill then you will deduct TDS only on rent not on copy charges on which he is using VAT.
delhi Appellate Tribunal in ITOv Dr. Willmar Schwabe india p ltd 2005 3 SOT 71
if there is only one bill for rent and copy chareges then you must deduct TDS on full bill amount. If there is separate bill then you will deduct TDS only on rent not on copy charges on which he is using VAT.
delhi Appellate Tribunal in ITOv Dr. Willmar Schwabe india p ltd 2005 3 SOT 71
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
