Suppose i take a shop on rent say the rent p.m is 4000..
i pay it to a unregistered person.
do I need to pay under RCM?
if so under which section?
Menu
rcm on rent
Replies (1)
If you ll be booked /paid in a day only the rent amount you don't want pay tax under RCM basis under 5k limit...
If not you can pay the rent and other URD inwards in that day above 5k then RCM applicable... Tax rate 18%
If not you can pay the rent and other URD inwards in that day above 5k then RCM applicable... Tax rate 18%
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
