TDS ON SALARY and RENT
This query is : Resolved
25 May 2023
Salary is being paid to Karta Rs. 15 lacs alongwith Rent to Karta amounting Rs. 1.50 lacs for Full year. Tds has been deducted on Salary portion only as TDS not applicable on Rent being less than exmption limit. Now my query is that whether I hv to club rental income while issuing Form 16 as the same is being paid by the same employer both Salary and Rent to same employee/Landlord.
and deduct the TDS under sec 92 in the month of March 2023 or there is no need to deduct TDS on rent portion.
Pl guide.
and deduct the TDS under sec 92 in the month of March 2023 or there is no need to deduct TDS on rent portion.
Pl guide.
25 May 2023
Whether form 16 to be issued in favor of PAN of HUF? I have doubt.
Check rent agreement, whether the owner is HUF or individual?
Check rent agreement, whether the owner is HUF or individual?
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Query regarding reporting of exempt foreign remuneration in ITR
- Correction in TDS return New Traces Portal
- TDS refund Indemnity Bond
- PF wage ceiling
- F&O reporting in ITR
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
