Hello Everyone... One of my client has taken shop on lease. Lease for the month is 42000+ Gst..
1. My question is How much Rupees Client has to gv cheque to lesser ?
2. Can we claim Gst on Rent Paid ? Both are registered under Gst.
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TDS fir Rent
Replies (1)
Your client should pay the net amount after deducting TDS from the total invoice (base rent + GST). The client is entitled to claim ITC on the 18% GST paid, provided the landlord issues a valid tax invoice. TDS should be calculated only on the base rent, not on the GST component.
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