Menu
Tds on electricty
No need to deduct.
To landlord
If you are paying to CESC, WBSEB etc no need to deduct , if u are paying composite. then deduct u/s 194I
I also think, no need to deduct tax at source if separate bill raised for electricity charges.
No TDS will be deducted on eletricity bill as this charges are paid to the government.
1) Paid directly to DISCOM- no need to deduct tds
2) Paid to landlord- tds to be deducted u/s 194I @ 10% if no separate bill is raised for such charges.
Though I think if there is combined bill for rent and electricity by landlord and electricity charges are shown separately, tax to be deducted only on rent part, because electricity charges we are paying to landlord as a reimbursement and there is no mark in that by landlord, but on the safer side if we will deduct on total value it is ok if landlord have no problem
hi
TDS to be deducted If landlord adds any markup over and above the actual cost of electricity.otherwise TDS no need to be deduct.
No
Not Required
Recent Threads
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
Related Threads
CAclubindia
