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TDS ON RENT

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..... Dear Experts, We are at pvt ltd co. paying rent on accomodation of our labour to another pvt ltd. co. Rent amount is 15,000 P.M. and we are paying Electricity bill of that premises which is 5000/6000 .....

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..... p.m. My query is whether TDS is applicable on this rent amount as the total rent amount is 1,80,000/- (excluding electricity amount) or whether electricity bill amount will be the part of rent?? kindl .....

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..... y suggest... Awaiting your rply... Regards, Pradip Patwardhan - Reply By sanjay soman - The Reply = It depends on the rent agreement made by you. If Electricity charges are to b .....

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..... e borne by the tenant and rent is below Rs.180000/- p.a there is no need to deduct the TDS. If you agreement says that rent is inclusive of electricity charges and total rent will be Rs.15000/- plus .....

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..... elect. charges then you have to deduct the TDS. Because it will be only rent, irrespective whatever charges you have covered in rent amount.This is my opinion. - TDS ON RENT - Query Started By: - p .....

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..... radip patwardhan Dated:- 3-6-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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