If before service tax rent is Rs.1,70,000 for FY2013-14. Wheather TDS should be deducted or not????
Menu
Tds on warehouse rent
Replies (1)
| Originally posted by : sangeeta prajapati | ||
 |
If before service tax rent is Rs.1,70,000 for FY2013-14. Wheather TDS should be deducted or not???? |  |
TDS u/s 194-I of Income-tax Act would be required to be made on the amount of rent paid/payable without including the service tax.
- Circular No. 4/2008, dated 28-4-2008.
.
Since the net rental amount payable (exclusive of service tax) is below the threshold limit, TDS is not deductible.
Recent Threads
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhaar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
Related Threads
CAclubindia
