TDS on rent
This query is : Resolved
05 January 2010
My client (partnership firm)has started its operations as a franchisee from 1st July, 2009 & he operates from a Mall.The rent agreement is in the name of the franchisor & hence rent receipt is in the name of franchisor.My client has not deducted the TDS on rent.Now it has got a PAN & is applying for TAN.
Pls tell me what would be the appropriate course of action.Thanks
Pls tell me what would be the appropriate course of action.Thanks
06 January 2010
Your client can go ahed with the application of the TAN but the declaration as to the place of entity would be mentioned as rented premises and would be of no issue..as then he will be authorised to deduct tax and file the return of tax...and also claim the deduction and nbeed to pay the TDS as per he laws of Income Tax 1961...
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- 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
