TDS on Rent
This query is : Resolved
29 July 2009
The Godown of A has rented out to B of Rs.72,000 & B is not using the same godown. B has rented out the godown to C. C is using the Godown & paid rent to B after deducting TDS @17%. How much amount B will pay to A & what is the rate of TDS (Here, A has made agreement with B to receive of Rs.72000 as rent. If the system is wrong what is actual system? Kindly reply.
30 July 2009
B will pay A the amount Rs. 72,000/- as agreed.
Sub letting the property by B is not concerned to A as that is a separate agreement between B & C.
However, if any clause to that effect is mentioned in the agreement then accordingly B has to pay that amount to A also.
Sub letting the property by B is not concerned to A as that is a separate agreement between B & C.
However, if any clause to that effect is mentioned in the agreement then accordingly B has to pay that amount to A also.
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