its urgent...........................
This query is : Resolved
14 January 2010
could u tell me .......weather TDS will be deducted on Security wich will be adjusted in rent later.
14 January 2010
Tax has to be deducted under section 194I as such deposit represents the consideration for the use of land/building and, therefore, partakes the nature of rent.
Citation:- Circular 718 reported in 215 ITR (St) 68.
Citation:- Circular 718 reported in 215 ITR (St) 68.
14 January 2010
Yes TDS deductible
14 January 2010
Yes , TDS provision applicable.
18 January 2010
TDS is deductiable at the time of giving the deposit, if the condition for adjustment of rent at the time giving the deposit persist.
If the condition is not persist at the time of giving deposit but it turns out to be of such nature at the the time of vacating the property it is to be deducted at that time.
If the condition is not persist at the time of giving deposit but it turns out to be of such nature at the the time of vacating the property it is to be deducted at that time.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
