01 January 2015
A private limited company has taken a factory of meat processing on lease for a year or so. The lessor {Owner of the factory} is demanding a sum of Rs 5,00,000/- on account of Security Deposit as per the terms and conditions of the lease agreement. Whether the ROC rule of September 2013 will be applicable even in this case of payment of security deposit.
As the tenant will have to pay as sum of Rs, 1,50,000/= on account of monthly rent. Whether in this case tds will have to be deducted on rent payment,
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