Doubt for tds

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veeraraj (Querist)

13 June 2018 Dear Sir/Madam
I have one doubt for TDS deduction for rent
my rental agreement mentioned rent Rs : 25000 and Maintenance Rs 2000 , we paid cheque Rs 27000

How to calculate TDS Rs : 25000x10% or 27000x10% which is correct ?
Pls reply

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

13 June 2018 Deduct tax on Rs. 27,000/-

RAJA P M

RAJA P M (Expert)

13 June 2018 Respected Mr. B Chackrapani warrier Sir., Any related rules or provisions about the same... Please give the reference... It can be useful for me

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

14 June 2018 @ Raja Ji

Inference - CBDT Circular 715 dated 8-8-1995, Sl.no. 23 and 24.

Message likes : 1 times

RAJA P M

RAJA P M (Expert)

14 June 2018 Thank You for reference Sir.,
I have one query.,
A Private Ltd company taken a rented premises for using office and factory. The rent paid 3 parties they are Joint holder of property TDS deducted all the three members...
Also another one premises taken for rent but only one landlord and She is one of the above 3 members. payment only Rs. 3000/month...

In this rent TDS will be deductible or not...?

(But, i reffered no need deduct TDS for the 3K. Am I correct or wrong)

Please give Your Valuable reply...

Tushar

Tushar (Expert)

14 June 2018 TDS should be deducted on Rs. 27,000/- as rent in itself includes any maintenance charges if both are paid to the owner of property.

The same position was clarified by CBDT vide Circular No. 715 dated 8-8-1995 and interpreted by The Punjab & Haryana High Court (HC) that maintenance charges received in relation to the property should have been included within the ambit of “rent".

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