Tds on rent : important
Querist : Anonymous
We are a partnership firm in the first year of business for F.Y. 13-14.
We are required to pay Rent to A Ltd.
Rent for use of Office Space - Rs.60,000
Rent for use of (HVAC, power back up other equipments) - Rs.202000
Our query is, whther TDS is to be deducted on both the payments? Please explain
Both rents have been executed in two separate agreements.
Please help
the section, though provides for two different rates of deduction, the deductibility is based on amounts paid to a single payee.
Querist : Anonymous
10% or 2% ???
Querist : Anonymous
10% or 2% ???
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