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Rent Paid to director

Prakash Chandra (191 Points)

26 June 2022

what happened when a gst registerd company rent paid to director for immovable property without RCM

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7 Replies

sabyasachi mukherjee (27312 Points)
Replied 26 June 2022

You are mixing up things it's a perks.

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Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 26 June 2022

@ Prakash,

Is it the rent ( office rent) for the property of director or for accomodation of director ?

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Prakash Chandra (191 Points)
Replied 27 June 2022

Property of directors

Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 27 June 2022

RCM is not applicable to renting of immovable property, postal services etc ...So you have to concentrate on Tds under Income tax and not RCM under GST

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CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 28 June 2022

Https://www.google.com/url?sa=t&source=web&rct=j&url=https://gst-online.com/tax-under-rcm-on-services-of-renting-of-immovable-property-provided-by-director-to-company-understanding-the-perspective-through-notification-and-an-attempt-to-gain-an-understanding-on-one-of-the-most/amp/&ved=2ahUKEwi8que0qs74AhUS-zgGHb79B9kQFnoECD0QAQ&usg=AOvVaw0bDLTp_CTsHqvoK9ZZJzI4

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Prakash Chandra (191 Points)
Replied 02 July 2022

Dear si Mr Eswar Readdy ji please share notification copy

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