Easy Office

Tds on rent deposit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 January 2015 We have taken a house for rent from sep 2014 for an amount of Rs.25000/- per month and deposited 50000/- as rent deposit.

1.Does TDS needed to be deducted for the FY 2014-15 as by considering 6 months rent and rent deposit, it leads to an amount of Rs.200000/-
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
30 January 2015 If Rs. 50,000 is not refundable, deduct income tax on Rs. 2,00,000.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
31 January 2015 if rs.50000/- is not refundable then tds on total amount.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links