Tds on rent
Querist : Anonymous
We are paying office rent 14000.00 per month
& 11000.00 for building maintenance charges to office landlord.
kindly advise for tds is applicable on maintenance or not .
Thanking you
Sanjeev Sharma
No tds deductible on rent u/s194I as the limit is 1,80,000 p.a
Rs11,000 is on p.a basis then no tds to be decuted.
Querist : Anonymous
We are paying both amount to single landlord
by cheque of Rs. 25000.00 per month
kindly advise , there is any problem ?
2)Please not your payments should be in accordance with rental agreements.If it is clearly says that 11000 is for maintenance charges TDS 194I may not be required.
3)However Payment made towards maintenance charges will attract TDS U/S 194C as there is a contract for maintenance between you and owner.
Thanks & regards
Ganesh babu k
He has clearly provided that He is paying 25000 as a cheque per month..So it is clearly says that he is paying 11000 every month
Which exceeds threshold limit of 75000
And also please note that 194C is to be done if rental agreement and Invoices clearly says that 11000 PM is maintenance charges absence if which TDS 194I is applicable as explained above
Thanks & regards
Ganesh babu k
he said 25000 per month
with this replies author will decide how to deduct TDS...query resolved..no need of further clarification as of my opinion
Dear author please confirm how much you are paying every month and also refer my earlier reply and you have rent bills and rent agreement that you are paying 11000 for maintenance absence of which 194I applicable.
he said 25000 per month
with this replies author will decide how to deduct TDS...query resolved..no need of further clarification as of my opinion
Dear author please confirm how much you are paying every month and also refer my earlier reply and you have rent bills and rent agreement that you are paying 11000 for maintenance absence of which 194I applicable.
he said 25000 per month
with this replies author will decide how to deduct TDS...query resolved..no need of further clarification as of my opinion
Dear author please confirm how much you are paying every month and also refer my earlier reply and you have rent bills and rent agreement that you are paying 11000 for maintenance absence of which 194I applicable.
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