If karta is renting huf property and getting 5 years rent in advance . Say 5 lacs as 5 year rent received . Tds ll b deducted on 5 lacs received on first year and will be claimed on first year?
Gaurav Sharma (41 Points)
17 February 2019If karta is renting huf property and getting 5 years rent in advance . Say 5 lacs as 5 year rent received . Tds ll b deducted on 5 lacs received on first year and will be claimed on first year?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166394 Points)
Replied 17 February 2019
No, its appropriated according to yearly rent income.
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