Tds withheld at a rate of 10 percent, provided the rent paid exceeds 1.80,000 Rs., how can an individual tenant deduct the TDS and the deposit without having TAN? Under the real estate manager, the deduction would be available for the communal tax paid for the property, the standard deduction of 30% and interest on residential home loans (without limit). 1) Since all legal obligations relating to HUF are carried out by Karta (Manager) on behalf of HUF, I believe that the lease can be provided in Karta`s personal name as evidence of HUF`s headquarters. Karta`s Can Rent contract in personal name may be provided as proof of HUF`s registration. That`s great information. The tax abbey must file the TDS in the form of 26QC, which will then be deposited in the income tax department. The previous provisions of sec 80-I have established that the TDS must be set at 10% if the rent paid is greater than 1.20,000. Has this provision been withdrawn? Yes, your understanding is correct for points 1 and 3, but I didn`t get your point 2. Individual investments on their behalf would bring the u/s. 80C deduction, but in your case it is already exhausted. .
2) SAC for freight service is 996511 (road freight services, including letters, parcels, live animals, household and office furniture, containers, etc. refrigerated vehicles, trucks, trailers, people or animals towed vehicles or other vehicles.) The income would be paid to the income of the person who transferred such assets.