TDS

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Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2011 SIR,
WHETHER TDS ON RENT IS DEDUCTED INCLUDING SERVICE TAX OR ONLY RENT AMOUNT

Kumar Babu.G

Kumar Babu.G (Expert)
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07 February 2011 TDS on rent amount has to deducted only on rent amount.This is as per recent judgement rendered in case of Sec 194I.As per that judgement person resposible to deduct is only an collecting agency.Service tax amount is not his income so tax need not be deducted on that portion.While in case of remaining sections some authors are opining that the judgement is applicable only in case of 194I while some are opining that it is applicable to all other sections.

Guest

Guest (Expert)

07 February 2011 Agree with Mr. Kumar