TDS On Rent
This query is : Resolved
03 May 2010
i am a proprietor of a recruitment firm started in april 2010 , i have to pay office rent of 20000 per month. expected turnover is less then 10 lacs for this year.
is there tds to be deducted when paying rent. Also please provide tax section no in support to the response, as my landord would want to refer the same.
is there tds to be deducted when paying rent. Also please provide tax section no in support to the response, as my landord would want to refer the same.
03 May 2010
Not liable because you are not liable to tax audit u/s 44AB. When u will cover under section- 44Ab then you have to deduct TDS.
Refer section- 94I completely
Refer section- 94I completely
03 May 2010
AGREE
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
