Tds
This query is : Resolved
01 January 2014
Rent Aggrement is started on 21 march 2013 and the rent for the period 21-03-2013 to 31-03-2013 is Rs 28150/-. but the invoice was raised in 11-04-2013 for the month of March & April'13 and Rent continued for whole Year.
Rent Invoice April month is:-
march period 21-03-2013 to 31-03-2013 28150
april month 78150
Total 106300
Please suggest wheather TDS is deducted on whole amount or on 78150/-
Rent Invoice April month is:-
march period 21-03-2013 to 31-03-2013 28150
april month 78150
Total 106300
Please suggest wheather TDS is deducted on whole amount or on 78150/-
02 January 2014
what you could have done is to create a provision for the rent for 21 March 2013 to 31 March 2013 period. If you have done that, then only 78150 should be considered as payment for the TDS amount. However, if no such provision was created, then TDS should be applicable on the whole of amount.
the above is my view. I am sure there are alternative views on the same.
the above is my view. I am sure there are alternative views on the same.
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
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- SALE BILL AGAINST GOODS RETURN
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- Specified Profession
- STCG on ETF gold & silver
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
