TDS
This query is : Resolved
11 March 2010
An assessee has not deducted TDS for rent u/s 194-I for the financial year 09-10 (starting from 1st April 2009 )so at what rate TDS should be deducted bcoz there are 2 different rates one is pre enactment of finance bill 09 and other is post one?
11 March 2010
The effective date for the new rate is we.f 01.10 2009. So for the rent from 01.04.2009 to 30.09.2009 the old rate is applicable.
However you need not deduct any cess or surcharge even on the old rate.
However you need not deduct any cess or surcharge even on the old rate.
11 March 2010
As per my opinion the rates depends on the date when you are giving credit of rent to the party. If you monthly crediting the rent, then go as per the suggestion by CA Sanjay.
11 March 2010
AGREE WITH MR. TARUN.
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
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Sales return eway bill
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Loan by Partnership Firm
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- 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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
