Tds on mall maintainence charges

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 April 2014 Dear Sir

We have taken a shop on rent in a mall. We pay to the mall management charges for maintainence and electricity.

Under which section should we deduct tds?

Rupesh Jain

Rupesh Jain (Expert)
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15 April 2014 on maintenance charges if your paying Rs. 75000/- in year or single bill is or above rs. 30000/-
then you have to deduct TDS 1% (if mall in name of individual/ HUF) name
otherwise TDS rate will be @ 2%

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