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TDS on rent

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2010 My query is-
1.Building is given on rent by one firm to another (sister concerns).what is the rate of TDS to be deducted before making the payment of Rent ?
2.If service tax is charged by the owner of the firm then whether TDS to be deducted on the amount including the Service tax?

Plz reply.

Thanks
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
17 December 2010 1)Rate of TDS:10%
2) TDS to be deducted on amount excluding service tax.(Cicular No. 4 dated 28-04-2008)

Threshold limit:
Rs 180000/- p.a. (w.e.f 01.07.2010)
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CA. VIKAS GUPTA

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CA. VIKAS GUPTA (Expert)
17 December 2010 Hi,
Rate of TDS will be 10% and will be deducted u/s 194I.
further, if service tax is charged on rent, then also TDS will be deducted only on the amount of rent but not on the service tax amount.

thanks
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