Whether tds deducted.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
i Have incurred expenses under 194 I for building rent and for machinery rent ,should deducted TDS on both expenses.Rent provided by a proprietor firm and rent paid by the co.
Building Rent-1 lacs Annually.
Plant and Machinery rent-85,000. per year.
Rent is paid to A single firm is 185000 should deducted tds and how to deduct TDS.
Building Rent-1 lacs Annually.
Plant and Machinery rent-85,000. per year.
Rent is paid to A single firm is 185000 should deducted tds and how to deduct TDS.
17 June 2014
when rent exceeds rs 180,000 p.a then yes tds is applicable u/s 194I.
17 June 2014
TDS to be deducted on total amount of Rs 185000/-. Threshold limit of Rs 180000/- is for each payee under same section.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- TDS Challan Code
- SGST balance is there in credit ledger how to adjust for cgst
- STCG on ETF gold & silver
- 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
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
