Tds on rent

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Jacky

ACCOUNT EXECUTIVE

66 Points Posted on 01 March 2014

Dear all,

I have one query regarding the TDS on rent. If we make payment through cheque to landlord of utility bills other than rent. In that case whether this amount paid included in the limit of Rs.1,80,000/- for TDS or else only amount paid as rent to landlord will be considered for TDS .Please solve query.

Thanks for the reply

But I would like to know that I want to pay electricity bill payment of private submeter to my landlord. And If I deduct TDS then amount will decrese of Electricity bill where as he would have to make full payment to BSES

Please Reply

Replies (6)

manik

ca in practice

213 Points Posted on 01 March 2014

dear mr. jitendra ,

for thresh hold limit of Rs.180000, only the amount paid for rent will be considered and nothing else . for payments made to landlord for varoius utility services such as maintainence charges etc , tds is to be deducted u/s 194 c

SHASHANK AGARWAL

self employed

133 Points Posted on 01 March 2014

only rent quotient to be seen for threshold limit of Rs 180000 provided that the payment for utilities is against the bills raised by the landlord seperately.

for more details visit and post : https://knowyourtaxation.blogspot.in/

Pradeep Gupta

Accounts Manager

288 Points Posted on 03 March 2014

TDS will be deductible only on Rent portion.

If any other utility charges are also being paid then it must be separately mentioned in the Bill or a separate bill should be raised for that.

Also you can refer the rent agreement, if the other utility charges are part of Rent then in such case TDS to be deducted on both.

Corp Affairs

Others

24 Points Posted on 03 March 2014

I have a query regarding my Rent expenses. I am staying away from my hometown. I pay rent of Rs.7000 per month.

So total comes toRs.84000 for year. My HRA is Rs 16032 per month from employer. How much is the benefit I get from Tax perspective? How much mon2y will exumpt under section 80GG?

Please reply.