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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- Filling ITR - U
- TDS Return Q1 FY 2026-27
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
