TDS on shed rent

srikantaswamy (Accounts officer) (39 Points)

25 November 2010  

We are constructing a factory in our land.  wherein a temparary shed is build for preserving the materials by a shamiyana vendor by using pools & sheet for which we are making payment of Rs.13000/- every month.  Under which head it is to be accounted (whether hire charges or shed rent or contract payment) and at what rate it will attract TDS.