Tds on rent
This query is : Resolved
28 November 2014
Please advise whether TDS is to be deducted?
Case 1: Mr A entered into an agreement with Mr B for rent - Rs.10,000/- & amenities - Rs.7000/-.
Case 2: Same as case 1, but Mr A entered with Mr B in two separate agreements i.e one for rent & the other for amenities.
In which case, TDS need to be deducted?
Case 1: Mr A entered into an agreement with Mr B for rent - Rs.10,000/- & amenities - Rs.7000/-.
Case 2: Same as case 1, but Mr A entered with Mr B in two separate agreements i.e one for rent & the other for amenities.
In which case, TDS need to be deducted?
CA R SEETHARAMAN
(Expert)
28 November 2014
TDS need to be deducted in both the cases as payment is to a single person. Payment for amenities included under rent.
28 November 2014
Sir,
So, irrespective of agreement, if payment is made to the same person, TDS has to be deducted?
So, irrespective of agreement, if payment is made to the same person, TDS has to be deducted?
CA R SEETHARAMAN
(Expert)
28 November 2014
Yes .........................
28 November 2014
Sir,
In that case, if i enter into an agreement with Mr A at place X & i enter into another agreement with same person at place Y?
Im paying Rs.10,000/- for Place X & Rs.9,000/- for place Y?
Now is it applicable?
In that case, if i enter into an agreement with Mr A at place X & i enter into another agreement with same person at place Y?
Im paying Rs.10,000/- for Place X & Rs.9,000/- for place Y?
Now is it applicable?
CA R SEETHARAMAN
(Expert)
28 November 2014
There is no need to deduct TDS u/s 194I under below mentioned circumstance:
(i) Where aggregate amount of rent does not exceed Rs. 180000/-
When the aggregate amount exceeds Rs. 180000 TDS applicable.
(i) Where aggregate amount of rent does not exceed Rs. 180000/-
When the aggregate amount exceeds Rs. 180000 TDS applicable.
28 November 2014
Aggregate amount of rent related to a premises or building (or)
Aggregate amount of rent paid to the person or lessor
Plz clarify this
Aggregate amount of rent paid to the person or lessor
Plz clarify this
CA R SEETHARAMAN
(Expert)
28 November 2014
Aggregate amount of rent paid to the person.
28 November 2014
So, in the case Ive asked you earlier (place X & place Y) TDS is applicable since the aggregate is exceeding 1,80,000/-
Am i correct?
Am i correct?
CA R SEETHARAMAN
(Expert)
28 November 2014
Yes you are correct. .......
Message likes :
1 times
CA Kumar Mukesh
(Expert)
28 November 2014
TDS required to deducted in Case, as decided by Bombay High Court in case JK Investors
CA Kumar Mukesh
(Expert)
28 November 2014
TDS required to deducted in Case, as decided by Bombay High Court in case JK Investors
CA Kumar Mukesh
(Expert)
29 November 2014
As per Ruling of Bombay High Court in case of JK Investor it was held that if Service Agreement can independently stand, then only TDS not required to deduct. However in fact Service Agreement was dependent upon Rent Agreement i.e. without rent agreement there could no service service agreement at all.
in your case annual rent, in including services, is likely to exceeds Rs. 1,80,000/- in present year therefore limit given under 194I will exceeds and tax required to deduct on whole amt of rent.
Say thanks you above advice is helpful for you
in your case annual rent, in including services, is likely to exceeds Rs. 1,80,000/- in present year therefore limit given under 194I will exceeds and tax required to deduct on whole amt of rent.
Say thanks you above advice is helpful for you
Message likes :
1 times
Rupesh Jain
(Expert)
29 November 2014
you can deduct the tds on rs. 10000/-u/s 194I limit Is rs. 180000/- so tds not required.
but for amenities if any assets provided like furniture, LCD, etc. then apply us/ 194C .
if above facility not given under amnities then you have to deduct the tds u/s 194I.
then 170000x12= 204000 then you have to deduct the tds. no option
but for amenities if any assets provided like furniture, LCD, etc. then apply us/ 194C .
if above facility not given under amnities then you have to deduct the tds u/s 194I.
then 170000x12= 204000 then you have to deduct the tds. no option
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
