TDS Interest .......
This query is : Resolved
19 May 2011
Dear All,
I am going to paid on 19/05/2011 to a proprietorship firm for hoarding rent (Advertisement) @ 8000/- per month from April 10 to March 2011. Total bill 96,000/- What Amount of TDS we should deduct and what interest will charge?
Thanking You
I am going to paid on 19/05/2011 to a proprietorship firm for hoarding rent (Advertisement) @ 8000/- per month from April 10 to March 2011. Total bill 96,000/- What Amount of TDS we should deduct and what interest will charge?
Thanking You
19 May 2011
There wont be any TDS on the same as you are paying for the rent of the hoarding space and the same shall be in the form of rent for the payee. So, TDS is required u/s 194I but as the payment is under the limit i.e. 180000, no TDS is required.
19 May 2011
Sir,
As per bill of WHEELS (party) it is under head of “DISPLY OF HOADDINGS”.
As per bill of WHEELS (party) it is under head of “DISPLY OF HOADDINGS”.
19 May 2011
who is designing the hoardings. Whether the designing is done by the WHEELS only?
19 May 2011
In this case, it shall be categorised under advertisement services. Tax is to be deducted u/s 194.
Rates--
1% if the payee is individual or HUF
2% if the payee is other than individual or HUF.
Rates--
1% if the payee is individual or HUF
2% if the payee is other than individual or HUF.
19 May 2011
The payee is Individual /HUF or other entity?
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
