Tds on company lease rent
This query is : Resolved
16 December 2013
A company is paying rent on behalf of a professional doctor. The company has rent agreement with landlord and honorarium contract with the doctor. Now the company is deducting Tds on rent as well as tds on honorarium on the gross amount, i.e. tds on the same amount twice . Whether it is correct
CA PARAS BAFNA
(Expert)
16 December 2013
It depends upon the terms of the agreements between the professional and the company.
.
If you can illustrate in numbers , a better reply can be given.
.
.
If you can illustrate in numbers , a better reply can be given.
.
Nikhil Kaushik
(Expert)
16 December 2013
Ranjan,
how is it double deduction??
how is it double deduction??
17 December 2013
There is no double deduction as both deduction are for different purposes as mentioned by you.
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