agree with all tds will be deducted on Rent only not on service tax
Tds on rent
Page no : 2
nandini mishra
(individual)
(592 Points)
Replied 30 June 2012
but how will you segrgate rent and service tax at the time of filing income tax return because ther is no head for service tax. and if we take amount excluding service tax, the amount credited be less than the amount actually paid
CA ANU RAO
(CA IN PRACTISE)
(128 Points)
Replied 30 June 2012
TDS deducted on rent only excluding Service Tax
antony sebastian
(Chartered Accountant)
(100 Points)
Replied 30 June 2012
TDS is to be deducted on the amount EXCLUDING SERVICE TAX
snskrishna chaitanya
(analyst)
(23 Points)
Replied 30 June 2012
as the service tax on rent is not either an income or rent in the hands of the land lord. he is only a trust holder for the service tax amount whether he is registered under service tax or not. hence, tds is payable on rent amount.
ssrgupta
Chartered Accountant.
Ronnie fernandese
(RETIRED)
(116 Points)
Replied 02 July 2012
Please advise minimum amount of rent collected in a month/year after which TDS has to be deducted.
Vivek Jain
(DSA of HDFC BANK Home loan & Personal loan)
(21 Points)
Replied 02 July 2012
what amount of monthly rent attract TDS or service tax.
RAJDEV SHARMA
(Senior Accountant )
(27 Points)
Replied 21 September 2012
co has received rental income
co collect the service tax as per service tax nortification
rajdev sharma
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