Tds rent
This query is : Resolved
29 March 2014
TDS TAX RENT LIMIT FOR NO TAX - 180000 PER MONTH OR QUARTERLY
AND OWNER HAS TO PAY ANY TAXES OTHER THAN PROPERTY TAX
AND OWNER HAS TO PAY ANY TAXES OTHER THAN PROPERTY TAX
29 March 2014
THE LIMIT OF RS. 1,80,000/- IS OF THE YEAR.
IT IS BASED ON THE AGREEMENT WHO WILL PAY THE PROPERTY TAX
IT IS BASED ON THE AGREEMENT WHO WILL PAY THE PROPERTY TAX
29 March 2014
SIR THEN IN A MONTH RENT COMES 40,000 PER MONTH.
1. WHAT WILL BE THE TAX ?
2. IF RENT PAID 40,OOO/- SHOULD DEDUCT 10% TDS ?
3. TDS WILL BE DEDUCTED BY OWNER OR RENT PERSON ?
1. WHAT WILL BE THE TAX ?
2. IF RENT PAID 40,OOO/- SHOULD DEDUCT 10% TDS ?
3. TDS WILL BE DEDUCTED BY OWNER OR RENT PERSON ?
29 March 2014
Dear Venkatesh,
TDS on 40,000/- is 4000/-
TDS is deducted by Tenant and not by the owner. The same needs to be paid by tenant to the government on or before 7th of next month.
TDS on 40,000/- is 4000/-
TDS is deducted by Tenant and not by the owner. The same needs to be paid by tenant to the government on or before 7th of next month.
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
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Relief u/s Section 89
- Rent lease agreement
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- Merchant Export Accounting
- GST ON DAMAGED GOODS
- Agriculture income or business income
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
