Tds on rent - godown
This query is : Resolved
22 February 2014
I HAVE TAKEN GODOWN AT PER MONTH RENT OF 20000 FROM JANUARY 14 DO I NEED TO DEDUCT TDS FOR THAT UNDER RENT ON TDS FOR FY 2013-14 AND PLEASE GUIDE FOR NEXT FINANCIAL YEAR 2014-15
23 February 2014
No need to deduct TDS for Financial Year 2013-14 since the threshold limit of Rs. 180000/- per annum will not be crossed.
From next year beginning you need to deduct TDS @10% of the Bill amount excluding service tax, if any.
From next year beginning you need to deduct TDS @10% of the Bill amount excluding service tax, if any.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Free lancer income
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
