close Change the way you learn with CCI Online Coaching   view more

Please Wait ..

Sign-in to your account

Username:
Password:

Remember Me

Forgot your password?

Sign-up now


Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > Income Tax > TDS >

Tds on rent (leave & licence agreement)

    Post New Topic
Pages : 1





Self employed

[ Scorecard : 91] 		Posted On 01 February 2012 at 11:15 Report Abuse

Company X has entered into a leave & license agreement with two individuals ( Owners of Office property). Total payment is exceeding 1,80,000 p. a.. The cheques are made in the name of only one individual. Does this attracts TDS on Rent @ 10%.

Vineet Goyal
Finance & Accounts Executive

[ Scorecard : 504] 		Posted On 01 February 2012 at 12:36

Yes. TDS needs to be deducted @ 10% u/s 194I



Total thanks : 1 times

There are 1 Replies to this message






Related Files






Related Threads

Post your reply for Tds on rent (leave & licence agreement)



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.