is gst and tds both are applied in case of renting a building... rent 1 lacs per month
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Quick Summary
This discussion clarifies whether both Goods and Services Tax (GST) and Tax Deducted at Source (TDS) apply when renting a building. It confirms that both taxes are indeed levied on rental income. The query also touches upon the specific rates, suggesting GST applicability and a potential TDS rate of 10% for a monthly rent of £100,000.