TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 February 2010
IsTDS is applicable when Rent paid to employees by the company is less than Rs 120000 pa
10 February 2010
Your query is not clear.
The company pays a House Rent allowance to employees , not rent.
HRA is taxble under the head salaries subject to prescribed exemptions on production of actual rent paid receipts.
In case of Rent, yes, TDS provisions are attacted when it exceeds 120000/- in a FY.
Hope this clarify your query
The company pays a House Rent allowance to employees , not rent.
HRA is taxble under the head salaries subject to prescribed exemptions on production of actual rent paid receipts.
In case of Rent, yes, TDS provisions are attacted when it exceeds 120000/- in a FY.
Hope this clarify your query
Message likes :
1 times
10 February 2010
Agreed with Mr. Chitresh.
Message likes :
1 times
10 February 2010
Agree
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
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Specified Profession
- 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
- Nomination of Bank for refund in itr 2
- 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
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
