Who is liable to be deducted tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2015
Dear all
please clarify my doubt
Mr "X" is a house owner and he gave power of attorney to his friends daughter to give this premiss to others for rent and enjoy the amount of rent
now she gave this premisses to business man for rent for worth of 20,000 P.M
now the business man has to deduct tds
who is liable to be deducted TDS
please clarify my doubt
Mr "X" is a house owner and he gave power of attorney to his friends daughter to give this premiss to others for rent and enjoy the amount of rent
now she gave this premisses to business man for rent for worth of 20,000 P.M
now the business man has to deduct tds
who is liable to be deducted TDS
09 January 2015
The person paying the rent is liable to deduct the TDS provided rent paid to the payee exceeds Rs 1.80 Lacs p.a.
In case the rent is paid by Individual/HUF, then they are liable to deduct TDS only if in the previous year their file under Tax Audit.
In case the rent is paid by Individual/HUF, then they are liable to deduct TDS only if in the previous year their file under Tax Audit.
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