Income Tax on Rented Office
This query is : Resolved
08 November 2008
Sir,
I am working in a company having a rented office from Nov-2008 we are paying rent 10000/- + Maintance 800 /- in Cash.
I want to know 1. IT Rate
2. On which amount i have to Deduct IT i.e. On 10000/-or also on maintance.
3. IT should be deduct monthly?
Thanks
Bhaskar
I am working in a company having a rented office from Nov-2008 we are paying rent 10000/- + Maintance 800 /- in Cash.
I want to know 1. IT Rate
2. On which amount i have to Deduct IT i.e. On 10000/-or also on maintance.
3. IT should be deduct monthly?
Thanks
Bhaskar
08 November 2008
Also on maintenance. If the rental is monthly, TDS is also monthly.
08 November 2008
Give two Options to Landlord to choose from:
(1) Let him receive Maintenance amount also and allow TDS to be affected from Rs 10800
(2) Let him allow Maintenance payment to be made by you directly to Sweeper and prevent TDS from Rs 10000
(1) Let him receive Maintenance amount also and allow TDS to be affected from Rs 10800
(2) Let him allow Maintenance payment to be made by you directly to Sweeper and prevent TDS from Rs 10000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Average Cost Of High Quality Diamonds
- Taxability of credit in canara bank ET & T section (NRO)
- ITR-3 File/Error Found
- Due Date Clarity
- NRI INSURANCE ADVISOR
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
