Tds on rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2013
Hi
Please clarify me on the below issue:
We pay rent Rs.1,20,000 per month to the Owner by deducting 10% TDS u/s 194I. We also make other payments such as genset maintenance charges to the same owner.
My query is whether the "other payments" to be classified as "Rent" u/s 194I or classified as "contract" u/s 194C?
Thanks in advance
Please clarify me on the below issue:
We pay rent Rs.1,20,000 per month to the Owner by deducting 10% TDS u/s 194I. We also make other payments such as genset maintenance charges to the same owner.
My query is whether the "other payments" to be classified as "Rent" u/s 194I or classified as "contract" u/s 194C?
Thanks in advance
10 December 2013
gencet maintainance charges liable to tds u/s 194C
.
.
.
so deduct tds @1% under 194C
.
.
.
so deduct tds @1% under 194C
10 December 2013
pls clarify all the activities under otjer charges made.
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