Wanted to know whether TDS is to be deducted on rent (ground rent) for oraganising commercial event. The ground is owned by local govt. authority and the party does not have a pan card. The rent amount exceeds the threshold limit of Rs.180000/- . Also the authority is charges 10% luxury tax extra on the rent amount. So TDS is to be dedcuted on Rs.180000/- + 10% Luxury Tax Amount and @ 20% for not having pan no. Kindly advice
CAclubindia
