Sir,
One of our client being a tenant in commercial complex paying building maintenance of13,000/- per month to the building owners association. The rent agreement with land lord provides that tenant has to bear the maintenance expenses on his own in addition to the rent. The tenant is not the member of association and landlord is its member.
Querry: Whether TDS is applicable u/s 194C for the maintenance paid to the association?
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TDS on building maintenance
Replies (4)
Yes it is applicable, though tenant is not a member, ultimately its the tenant who pay for this
As per the Retal agreement Tenant has to bare the Maintenance Exp, so deduct TDS either 1% or 2% (For Corporates)
agreee with prakash
AGREE WITH ABOVE
Any one can clarify my doubt .Is The building maintenace comes to under Rent or Contract ( 194 I or 194 J). I think it goes to under Rent
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