We are a pvt limited company, and took lease of an apartment, on behalf of the company, for accomodation of General manager and Factory manager. Will it attract TDS ?
chandra sekar (Manager-Accounts) (387 Points)
07 October 2013We are a pvt limited company, and took lease of an apartment, on behalf of the company, for accomodation of General manager and Factory manager. Will it attract TDS ?
Prashant Kini
(Article Assistant)
(154 Points)
Replied 07 October 2013
Neha sharma
(-)
(1257 Points)
Replied 07 October 2013
If the payment is being made by the company, TDS on Rent @ 10% is required to be deducted on the amount exclusive of service tax
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