TDS on rent by employer
This query is : Resolved
20 March 2022
Sir
I have been allowed leased accommodation by my company for Rs. 25000 per month as a perquisite and same is being paid by employer directly to the landlord after deduction of TDS
Now my land lord has increased the rent by Rs. 5000 which is being paid by my company by debting my salary account along with rent being paid by the company. They have deducted TDS in rent being paid by the company and not deducted any TDS on extra rent being paid by debting my salary account.
Whether this procedure is correct.
I have been allowed leased accommodation by my company for Rs. 25000 per month as a perquisite and same is being paid by employer directly to the landlord after deduction of TDS
Now my land lord has increased the rent by Rs. 5000 which is being paid by my company by debting my salary account along with rent being paid by the company. They have deducted TDS in rent being paid by the company and not deducted any TDS on extra rent being paid by debting my salary account.
Whether this procedure is correct.
20 March 2022
Yes, the procedure is right. The excess rent is paid by you hence no TDS applicable.
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
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
