Hello, Employee has given his house on rent to company and company is deducting TDS on rent. His overall Income from house property is negative due to home loan interest. At the same time he is getting salary from company and TDS is also deducted from salary.

Now question is for calculation of TDS on salary whether TDS deducted on rent shall be considered or not ?

asked Jul 16 '13 at 15:35 by casantoshjha 112

I think, taxation of rental income should not be done by employer in case TDS is deducted already on rent.

Employer should only worry about salary income and its taxation.

answered Jul 18 '13 at 00:15 by Pankaj Batra 5.2k320


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Asked: Jul 16 '13 at 15:35

Seen: 1,730 times

Last updated: Jul 18 '13 at 00:15