Calculation of TDS on Rent

[Dlip Choudhary]

A pvt ltd company regd under GST raises an invoice of ₹ 2 lacs per month to recieve rent from (another private institute ) on its let out property. The TDS from payee end would be 10% on ₹ 2 lacs or 10% on ₹ 2 lacs + GST

[Ganeshan Kalyani]

TDS is applicable @10% on ₹ 2 lacs.

[Ramesh Kothari]

It's 10% on rent rec'd of 2L

AI Summary

TDS on rent must be deducted on the rent amount excluding GST, at the applicable withholding rate. The payer must deduct TDS @10% on the rent consideration only, excluding GST; withholding is calculated on the stated rent amount and not on rent plus GST.