Menu
Service tax query
S, a landlord, derived income from rent on letting of house property to R Ltd at rs. 1.20L p.m. for 6 months. He charged 12.36% service tax on lease rent charges. Calculate TDS.
Replies (3)
In case of Rent ; TDS should be deducted exclusive of Service Tax. So, TDS to be deducted amount Rs. 12000/- per month .Total Amount Rs. 72000/- for Six Month
Ok thank you for the clarification.
Yes, in case of Rent, TDS shall not be deducted on service tax portion as per CBDT Circular.
Recent Threads
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
Related Threads
CAclubindia
