TDS on Rent Receipt

04 November 2019

Taxable income: 2,26,891
GST: 40840
Cess: 2269
Total: 2,70,000

pl. Clarify whether the TDS will be calculate on Taxable income or on Tatal value.

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5 Replies

Kumar Sushank (General Manager - Finance) (1040 Points)
Replied 04 November 2019

Yes, TDS will be calculate on taxable income.

Kapadia Pravin (17264 Points)
Replied 04 November 2019

Who is the payer here ?

TDS is on payment of rent amount before GST and cess.

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 04 November 2019

TDS applicable on Rs 226891/-

PHANEENDRA MALLA (CA Practice) (93 Points)
Replied 05 November 2019

Tds is applicable on Taxable Value i.e amount before GST and Cess

sabyasachi mukherjee (27721 Points)
Replied 06 November 2019

@ kotiah
what is the taxable income....?

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