We have taken over a building for Rent Rs.15,000/- & Maintenance charges Rs.15,000/- per month.?

TDS is applicable only for Rent amount or Rent and Mainteance charges.

If you have included maintenance rental agreement, then you can claim it. Without proof, it can't be considered.

Rent calculation for TDS goes like this:

Rent paid - 10% basic and HRA whichever is least will be taken into calculation for tax exemption.

If you are paying rent and maintenance charges to the same party, then TDS applies on both. But if you are paying rent to the owner and the maintenance to building association, then TDS on rent from the owner and TDS on maintenance from the association (if TDS is applicable).

In case both are included in the agreement and you are paying both to the owner itself, then TDS on both from the owner itself.

You can find another answer from the below web link:

http://finance.groups.yahoo.com/group/Ta...

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