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Tds on service tax charged on rent amount

ANAND DHYANI (Tax Consultant) (48 Points)

16 July 2012

Pls help TDS is applicable on service tax charged on Rent amount.

If rent 100000.00 100000.00

s.t. 12360.00 12360.00

Total 112360.00 112360.00

Tds 11236.00 or 10000.00

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2 Replies

Karthik.M (CA Final) (77 Points)
Replied 16 July 2012

Its Rs.10,000, This kind of calculation is only for Tds on rent.....

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Santosh V. Thakur (Sr. Accountant) (187 Points)
Replied 16 July 2012

Originally posted by : ANAND DHYANI
	Pls help TDS is applicable on service tax charged on Rent amount. If rent 100000.00 100000.00 s.t. 12360.00 12360.00 Total 112360.00 112360.00 Tds 11236.00 or 10000.00

1. If rent is paid on House Property then TDS (Sec-194I) it should be on 1,00,000/- (not included on Ser.tax & Cess) i.e. TDS @ 10% Rs.10,000/- , becoz Ser.tax is not income of House Owner. (Threshold limit - Rs.1,80,000/- per annum)

2. if rent paid on Plant & Machinery/Furniture TDS on Rs.112360/- (including service tax) i.e. TDS @ 2%.