07 February 2015
we are a firm with monthly turnover now of Rs 3 lakhs per month we commenced business in JAN 2015. Now we are paying Rs 1 lakhs as rent per month whether TDS IS TO MADE ON THAT PAYMENT made to CITY MUNCIPAL COUNCIL. OUR AUDITOR SAYS 10 % IS TO BE DEDUCTED THE MUNCIPLE AUTHORTIES SAY THAT NO TAX IS TO BE DEDUCTED AS THEY ARE GOVERNMENT AND THEY DO NOT HOLD ANY PAN NUMBER PLEASE CLARIFY THIS ISSUE. HOWEVER OUR CA SAYS THE VIEW OF MUNCIPALITY IS CORRECT HENCE YOU NEED NOT DEDUCT
09 February 2015
In my opinion you are liable to deduct TDS @ 10%, further you can ask for form Form15 from municipal committee for non deduction of tds.
CAclubindia
