04 December 2008
at what rate tax has to be deducted on the rent payable to a private trust. is there any difference if any one of the beneficiaries of the trust is not an individual?
04 December 2008
Few things must be mentioned before knowing the exact rate of TDS : 1. Who is payer (individual, HUF or any other person) 2. What is the nature of Rent ie whether it is for (a) Plant & Machinery (b) Land Building or Furniture. 3. Who is the payee. 4. Amount of Payment