Preeti Gautam (Manager (F&A)) (49 Points)
23 October 2009whether TDS has to be deducted on the plot rent paid to port trust. The plot is meant for stacking iron ore shipment material. As per sec 194J it covers land (factory land)? whether tds has to be deducted on the plot rent paid and at what rate on 1/4/2009 and on 1/10/2009? Kindly somebody clarify?
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 23 October 2009
Yes TDS has to be deducted on the said plot. and the rates are as below.
as on 1.4.09 - 20%
as on 1.10.09 - 10%.
Kindly verfify once again.........
praveen
(Chartered Accountant)
(6971 Points)
Replied 23 October 2009
by the information given by you I think it may be covered under warehousing.
Please read this circular
Any body have it please link it.
[Circular No.718 dt.22-8-1995]
Ashish Kharwar
(Internal Auditor at PwC India)
(28 Points)
Replied 22 April 2022
I need answer of the above query. Under which section TDS will be deducted 194I or 194C.
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