Rate of TDS on maintainence charges paid to siciett

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Praveen Agarwal (Querist)
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28 January 2020 Dear Sir

I work for a company who are into shared rental business. We take up properties from individuals and put it on rent to tenants. We enter into two different agreement with owner, one for lease deed and other for providing services to the owners property. Services include paying maintainence charges to siciety and taking care of the repairs . Now my concern is rent attracts TDS at 10%, what will be the rate of TDS applicable in service provided. Will it be under Sec94I or Sec 94C..

Pease help. TIA

GN Patankar

GN Patankar (Expert)
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01 March 2020 If separate invoice is issued for maintenance charges than 194C other wise 10% u/s 194I

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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05 May 2020 TDS on maintenance charges is required to be deducted under Section 194C of Income Tax Act 1961 at the rate of 1% or 2% (as the case may be) for payments to residents.

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