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Tds on rent

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(Querist)
29 April 2015 Dear All

If there is refundable security amount is lying in books say for Rs. 25000/- and the same is adjusted against Repairing of building (and not against Rent) then is there any liability to deduct TDS thereon???

Its urgent pls.

Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 April 2015 No need to deduct TDS on repair charges deducted against advance.

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