TDS deduction on compensation or hardship money as rent or corpus fund

Is TDS deduction applicable on compensation/Rent and corpus funnd or hardship money received from Redeveloper? 

Replies (2)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) is applicable on compensation, rent, or corpus funds received by flat owners from developers during redevelopment projects. The consensus is that hardship money or corpus funds are generally treated as capital receipts, not subject to income tax, and therefore TDS is not applicable.

Sum received by flat owners from developer as corpus fund in regards to hardships caused for redevelopment will be treated as capital receipt and hence not subject to income tax. Therefore TDS is also not applicable. 

TDS not applicable..

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details