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Arshad Iqbal (Student CS)     04 August 2021

Whether tds on arrear amount of rent is to be deducted

Whether tds on arrear amount of rent is to be deducted or not, if arrear amount is crossing the limit 

 3 Replies

prasad Nilugal

prasad Nilugal   04 August 2021

What for you are paying rent ? and How much you are paying ?. will you please elaborate in detail .

Manish (CA)     04 August 2021

Yes, that arrear will be considered because it was not credited or paid in the earlier year(s).

Arshad Iqbal

Arshad Iqbal (Student CS)     05 August 2021

Rent for land and building, rent per month is around Rs 5000,but arrear amount is more than Rs 200000 as the rent amount was paid less, now calculating exact amount Arrear amount is more than 200000.

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