Tds on rent paid by company for house on company lease

Yes the company will deduct TDS @ 10% on the rent amount & deposit it on monthly basis in govt a/c and the company will provide you form 16A for the same

yes tds will be made @ 10% nd on monthly basis.

company should provide u form16A for that

The tax is to be deducted from the actual payment and there is no need of computing notional income in respect of a deposit given to the landlord. If the deposit is adjustable against future rent, the deposit is in the nature of advance rent subject to TDS. However, if the deposit is refundable, no tax is required to be deducted at source. If the deposit is non-refundable, it also takes the character of payment for the user of premises and is subject to TDS. [Circular No.718 dt.22-8-1995].