hello,,,,
If i pay three months advance rent to the co. then should i deduct TDS on whole amount while making payment or only for on one month payment??????
Menu
TDS on advance p[ayments
Replies (4)
| Originally posted by :Kumar Gaurav | ||
| " | hello,,,, If i pay three months advance rent to the co. then should i deduct TDS on whole amount while making payment or only for on one month payment?????? |
" |
on the whole amt for 3 months as govt. will not allow others to use amt of tds for free of cost(i.e. without charging int)
| Originally posted by :abhishek bhatt | ||
| " | TDS on rent is deductible wen Rs 120000 per annum or more rent is payble to the co otherwise not .If this condition is satisfied than the tds will be deductible on whole of the advance payment. Originally posted by :Kumar Gaurav " hello,,,, If i pay three months advance rent to the co. then should i deduct TDS on whole amount while making payment or only for on one month payment?????? " on the whole amt for 3 months as govt. will not allow others to use amt of tds for free of cost(i.e. without charging int) |
" |
If i pay three months advance rent to the co. then should i deduct TDS on whole amount while making payment or only for on one month payment??????
at the time of payment whether in advance or not....
Recent Topic
- 112 A Filling
- Long Term Capital Loss in ITR2
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
Related Topics
CAclubindia
