MR A UNDER REG GST ACT. He pays rent rs.240,000/- per year and tax deducted at the rate of 10%.
1.M y query is TDS are declared in GST firm EVERY MONTH?
T.T.VIJAYAPRAKASH (properter) (253 Points)
09 January 2019MR A UNDER REG GST ACT. He pays rent rs.240,000/- per year and tax deducted at the rate of 10%.
1.M y query is TDS are declared in GST firm EVERY MONTH?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174741 Points)
Replied 09 January 2019
The TDS is deducted u/s. 194I of IT act, and the same is deducted from rent paid.
For GST purpose full amount of rent is taxable.
v k s supraja
(intermediate)
(216 Points)
Replied 10 January 2019
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