TDS on Rent paying to LIC

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B.Com
77 Points Posted on 14 December 2022
Sir/Madam,

Is tds applicable for rent paying to life insurance corporation?
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On 14 December 2022 at 15:44 Report
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) is applicable when paying rent to the Life Insurance Corporation (LIC) for business premises. The consensus is that TDS is indeed applicable in such scenarios, especially when the property is used for business purposes.

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206 Points Posted on 14 December 2022
First thing is rent of residence or business premise and the amount of rent not specified.
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On 14 December 2022 at 22:47
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Profession
28261 Points Posted on 15 December 2022
Yes certainly used for business purpose.
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On 15 December 2022 at 07:43
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B.Com
77 Points Posted on 16 December 2022
Sir, Business permission . pls advice
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On 16 December 2022 at 09:50
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Profession
28261 Points Posted on 16 December 2022
TDS IS APPLICABLE . David -is the building owner is using it for business purpose?
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On 16 December 2022 at 11:28

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