Dear All
I have given out a premises on rental. The tenant is deducting TDS @ 10% as per the norms. I would like the Deductor to deduct TDS at 20% so that at the end of the year, I do not have any liability at the time of filing my IT returns. Can anyone please inform, if this is allowed or not? And if allowed, under what Section of the IT Act?
rgds
CAclubindia
