Rent free accomdation for consultants
Gorthi
(Querist) 11 April 2014
This query is : Resolved
Dear Experts,
What is the TDS liability on employer in following situation.
Profession Charges to Consultant : 50,000
Rent paid by company to land lord towards employee Rent free accommodation : 20,000
Now company deducting TDS on 50 k @ 10% u/s 194 J. TDS @ 10% on rent paid to land lord under 194I.
Now is there any liability on company to calculate perquisite for employee and deduct TDS.
Regards
ajay sethi
(Expert) 11 April 2014
consult your tax consultant