Ramesh Babu (nil) (65 Points)
15 June 2011Can the Business people can escape from deducting TDS on rent by shifting the office from one place to another, since the total rent payable to the each landlord doesnot cross the limit?
OR
They have to deduct TDS on rent, when the rent paid/payable exceeds the limit, without considering the no. of landlords.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 15 June 2011
tds is to be deducted if payment to one person exceeds the limit
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 15 June 2011
it is not applicate on aggregate amt.- without considering the persons to whome it is paid
GEETA MISTRY
(ca final Student)
(171 Points)
Replied 15 June 2011
if invidual limit exceeds 180000/- then tds be applicable
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 15 June 2011
if payment to one person exceeds the limit of Rs 180000 then tds will be deducted.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 15 June 2011
in the gase you have mentioned- no tds
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 15 June 2011
n the case you have mentioned- no tds
Aparna Raja K.C
(Student)
(520 Points)
Replied 15 June 2011
| Originally posted by : GEETA MISTRY | ||
 |
if invidual limit exceeds 180000/- then tds be applicable |
 |
Agree :)
Mukesh Kumar Singh
(CA-FINAL)
(4094 Points)
Replied 16 June 2011
CAclubindia
