Tds on rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2013
Hi All,
I have a query with respect to TDS on Rent:
Employer is paying rent on behalf of employee and deducting TDS on the same.
Also, employer is recovering the amount along with the TDS from the employee.
So the query is whether TDS is applicable as the amount is recovered from employee?
I have a query with respect to TDS on Rent:
Employer is paying rent on behalf of employee and deducting TDS on the same.
Also, employer is recovering the amount along with the TDS from the employee.
So the query is whether TDS is applicable as the amount is recovered from employee?
21 March 2013
dear..
as per sec. 194I an individual is required to deduct TDS only if he is liable to tax audit in the preceding F.Y.
therefore employee is not required to deduct TDS
as per sec. 194I an individual is required to deduct TDS only if he is liable to tax audit in the preceding F.Y.
therefore employee is not required to deduct TDS
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2013
but in this case the employer is a company and it is deducting TDS as it is paying rent on behalf of the employee
21 March 2013
dear in that case you can take benefit of plain reading of sec. 194I that any person responsible for "paying any income by way of rent".
in your case you are reimbursing amount of rent paid on their behalf not making any payment which is income for the payee..
in your case you are reimbursing amount of rent paid on their behalf not making any payment which is income for the payee..
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- 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 ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
