Is TDS deduction applicable on compensation/Rent and corpus funnd or hardship money received from Redeveloper?
Menu
TDS deduction on compensation or hardship money as rent or corpus fund
Replies (2)
Sum received by flat owners from developer as corpus fund in regards to hardships caused for redevelopment will be treated as capital receipt and hence not subject to income tax. Therefore TDS is also not applicable.
TDS not applicable..
Recent Threads
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
Related Threads
CAclubindia
