banner_ad

TDS DEDUCT

This query is : Open 
Profile Image

Profile Image

(Querist)
20 May 2017 we have been paid rent to an individual of Rs.14850 p.m for 8 months in 2016-17, as per agreement rent increased by Rs.5150 p.m for last four months hence TDS should be deducted on whole the amount of year. but we paid the increased rent for 4months in the month of May 17 after closure of2016-17 books of account. At this time can we deduct TDS on whole 2016-17 rent or on which we have paid later increased amount. kindly confirm Regards P.Srinivas 9030928277
Profile Image

CA Mohit Kumar

Profile Image

CA Mohit Kumar (Expert)
21 May 2017 tds will be made on due or payment earlier....
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
21 May 2017 TDS to be deducted on whole amount paid during the year since your Threshold limit u / s 194I exceeds Rs.180000/- PA
Profile Image

Nischit Sanghavi

Profile Image

Nischit Sanghavi (Expert)
21 May 2017 you have to deduct tds as per due basis and not paid. so you need to deduct it on whole year payment and deposit it before filling the return otherwise 30% will be disallowed in 16-17
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details