Tds

This query is : Resolved

Anupriya Goel (Querist)
Follow

20 October 2012 Rent payment made to HPCL is liable to TDS deduction or not? please tell the related circular or provision

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

20 October 2012 Liable for TDS deduction following provisions laid down in Sec 194I. No special exemption.

CA Navin Jain

CA Navin Jain (Expert)
Follow

20 October 2012 tds is not deducted when rent paid to government and entities whose income is exempt under clause 20 and 20(A) OF Section 10.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

20 October 2012 Dear Navin Ji HPCL does not fall in any of the above category mentioned by you. Sec 10(20) is applicable for income of local authority. Sec 10(20A) is not available from AY 2003-04 onwards.
Please clarify..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

JAYDEEP MITRA

Shantaveeresh Manur

Hemkumar

avulaandcopdrl 2023

Adv Ashish Vishwakarma

Subscribe Now

Tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA