Tds on rent


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 July 2014 whether tds is required to payment on rent of Rs. 5000000 by a partnership firm filing return u/s 44AD for the f/y2012-13

21 July 2014 yes under sec 194-i as it has crossed the threshold limit.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 July 2014 But we are filled the return u/s 44AD then liable to tax deduct ?

21 July 2014 tjat doesnt matter whether u opt for 44ad or not if tds is deductible then u need to deduct tds.

21 July 2014 TDS required to be deducted in the given case. Partnership firms are required to deduct irrespective of Tax Audit applicability.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details