TDS will be deducted or not

ABHIJIT MANNA (ACCOUNTANT) (447 Points)

17 August 2021

In a construction business payment to landlord and payment to tenant, TDS will be deducted or not, if deducted in which section?

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CA Misha Vidhani (Practicing Professional) (161 Points)
Replied 17 August 2021

ON PAYMENT TO LANLORD- TDS @ 10% U/S 194 I

WHAT KIND OF PAYMENT IS BEING MADE TO TENANT?

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 17 August 2021

Yes TDS will be deducted

ABHIJIT MANNA (ACCOUNTANT) (447 Points)
Replied 17 August 2021

Tenant means who was occupied the area before construction

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 22 August 2021

TDS should be deducted

ABHIJIT MANNA (ACCOUNTANT) (447 Points)
Replied 02 September 2021

There are two section 194 IB and 194IC, if payment made by 94IC which tds from should be used for making payment?

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