banner_ad

Tds on rent

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 June 2013 Hi,
We have not paid office rent Rs. 18000 per month from April 2013 to June 2013 and this figure may go up also. Our land lord will come to our office only in August 2013. So we have not deducted any TDS on rent from April 2013. My query is when we make rent payment on August, we will pay rent from April - August and shall i deduct TDS on rent in August and pay to govt. Or I need to make TDS deduction from now itself. If i deduct TDS on rent in August, then it will not be appeared in TDS first quarter return. As we do not know the rent per month, we have not deducted and paid. What is your advise ? please reply
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
06 June 2013 TDS need to be deducted on payment or credit which ever is earlier. we need to make the rent provision on monthly basis under accrual system of accounting. so need to deduct on monthly from April-2013 onwards
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
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details