TDS on rental charges pay to GMB
This query is : Resolved
26 October 2010
sir,
we are paying to Gujarat Maritime Board for rental charges towards provided open space using stocking for containers.They also charge service tax on their bill.
Should be deduct TDS from the payment to GMB.
what are compliances in this matter.
Kindly guide me.
regards,
Vinay
we are paying to Gujarat Maritime Board for rental charges towards provided open space using stocking for containers.They also charge service tax on their bill.
Should be deduct TDS from the payment to GMB.
what are compliances in this matter.
Kindly guide me.
regards,
Vinay
26 October 2010
Hello Vinay,
Rent as per Section 194I means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,—
(a) land;
Advice :
conidering above definition, I think u r case fall in "ANY OTHER AGREEMENT OR ARRANGEMENT FOR THE USE" OF LAND or as the case may be and accordingly, u will be required to deduct tds.
Rent as per Section 194I means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,—
(a) land;
Advice :
conidering above definition, I think u r case fall in "ANY OTHER AGREEMENT OR ARRANGEMENT FOR THE USE" OF LAND or as the case may be and accordingly, u will be required to deduct tds.
27 October 2010
Agreed with Amit
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?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
