Please suggest me what will be the rate of TDS on lease development charges. Currently the client is deducting TDS @ 10% on lease rent and @ 2% on lease development charges.
Thanks in advance
1 Replies
Nikhil Bhanushali
(CA Final)
(142 Points)
Replied 22 December 2017
No tds shall be deducted as it is for capital payment and it is exempt from tds
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