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TDS on Rent

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(Querist)
28 July 2009 The Godown of A has rented out to B of Rs.72,000 & B is not using the same godown. B has rented out the godown to C. C is using the Godown & paid rent to B after deducting TDS @22.66%. How much amount B will pay to A & what is the rate of TDS (Here, A has made agreement with B to receive of Rs.72000 as rent. If the system is wrong what is actual system? Kindly reply.
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
29 July 2009 This is a business decision and no tax or law issue is raised.

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