TDS applicable or not for tenant and landlord in construction

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ACCOUNTANT
447 Points Posted on 03 August 2021

In a construction firm if payment made to a tenant there will be any TDS u/s 194I and also if payment made to landlord there will be paid any tds or not? Please give your valuable suggestion.

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On 03 August 2021 at 18:12 Report
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) under Section 194I is applicable when payments are made to tenants or landlords in the context of a construction firm. The consensus is that TDS is indeed applicable in these scenarios, meaning the paying entity must deduct tax before making the payment.

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Chartered Accountant
24588 Points Posted on 03 August 2021
Same TDS will be deducted
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On 03 August 2021 at 21:11
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Chief Accountant
3150 Points Posted on 04 August 2021
Yes, TDS also applicable
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On 04 August 2021 at 00:22

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