24th November 2013 From India, Chennai
Pl clarify whether you are paying rent or receiving rent.
If Rent is paid then you will have to deduct TDS and deposit in Govt Account.
If Rent is received by you then the Payee will take care of it.
At the time of payment of Rent how the Service Tax is applicable in your case.
5th December 2013 From India, Pune
We are paying rent to Garments landlord. because that is not our own land we took tat for rent only.
while we are paying rent to landlord, paying service tax for rent to the landlord @12.36% on Rent amount.
Its rules of Service tax Dep to pay tax against on rent.
I think now u have clear with my quires
08 Dec 2013
8th December 2013 From India, Chennai
Dr.Rent Paid Aaccount Rs.1,50,000
Dr.Service Tax Input Account Rs. 18,540
Cr. TDS Rent Rs.15,000
Cr.Bank / Party Account 153,540.00
TDS is not applicable on Service Tax Quantum see following link
I hope the matter is clear to you.
9th December 2013 From India, Pune
30th October 2014 From India, Chennai