Tds on rent free accomodation

If amt is NIL on what amt u'll deduct TDS ?????

Hence i think NO TDS

there is no liablity for the partner who stays. but there is a liablity on the partnership firm at the time of payment of rent to the house owner if the rent exceeds 180000(aggregate) then 10% TDS has to be deducted.

Yes,TDS @ 10% needs to be deducted irrespective of fact that it was given to partner for free

Yes, TDS will be deducted @ 10% under section 194I when payment is made by partnership firm to the owner of the building.

The fact that building has been given by firm to partner as rent free accomodation has no impact on taxablity of building.

Regards

CA SUNNY AGGARWAL

TAX CONSULTANT