Tds on rent
This query is : Resolved
rajender guptha
(Querist)
03 January 2015
Rent paid during the year Rs.200000/=
premises owned by 3 members (owners)
Rent paid by one person.
Whether TDS is liable for deduction or not?
premises owned by 3 members (owners)
Rent paid by one person.
Whether TDS is liable for deduction or not?
Amol S Joglekar
(Expert)
03 January 2015
It is a tricky situation...
Excise and Service Tax people are SPACE/PLACE specific.
As if they have the contention that...the premises is giving service....premises is earning rent....so premises should pay the service tax....
But you have valid case.
Excise and Service Tax people are SPACE/PLACE specific.
As if they have the contention that...the premises is giving service....premises is earning rent....so premises should pay the service tax....
But you have valid case.
Rupesh Jain
(Expert)
03 January 2015
no tds required due to rs.180000/- rent paid to one person during the year . then tds applicable.
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