TDS on Arrears of Rent
This query is : Resolved
26 August 2009
We had paid rent to Individual during the FY 2008-09 which was below 1,20,000, so we have not deducted any TDS, now we have to pay arrears of Rent for that FY during the current financial year, if we pay arrears it would increase the limit of Rs. 1,20,000/- Whether TDS is to Deducted on Arrears amount only or total amount we had paid during the FY 2008-09 from the arrears
26 August 2009
you have to deduct tds on total amount.please clarify ur question.
26 August 2009
Suppose we have paid Rent Rs. 1,00,000 in the FY 08-08. No TDS because it was below 120000. Now we have to pay arrears for FY 08-09 2,00,000/- whether TDS is to be deducted only on Rs. 2,00,000 or Rs. 3,00,000/- (Rs. 2,00,000 plus Rs. 1,00,000)
27 July 2025
https://docs.google.com/document/d/1whex0B-EoVS2Fdd4bQqjQBU8Lh9YhGeBv7q7nwkir-g/edit?usp=sharing
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
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Journal entry of busniess expenses
- EXPORT COMMERCIAL INVOICE HSN CODE
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ITR 4 and Bank transactions
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
