tds on rent 194
PANKAJ BHATI (accountant) (63 Points)
30 April 2019
sir hum 2 director hai dono resident rent par hai rent is 65000 p.m kitna % tds katega....kis section main cutega
3 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 30 April 2019
Are you having TAN no of income tax Dept to deduct TDS ?. Because TAN no is must to deduct TDS . please confirm
aayush chaudhry
(15 Points)
Replied 04 May 2019
tds is to be deducted @ 5% on annual rent in the last month of payment or on the termination of the contract. tds to be deducted in the last month in your case is (65000*12*5%) i. e. 33000 . last month payment of rent is 32000.
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
