Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2011 TDS on Rent is deducted by the tenant in the name of both the joint owners of the property. However the Rent agreement is made only with a single owner(my client). How do i help my client claim the entire credit for it?

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
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12 November 2011 if tenant deducted tds of both then also income shown half na of ur client.
and then why u have given other owner pan, so that he deducted tds of that also.

two ways i suggest as i think -

>show then half income as issued by tenant form 16a.
>otherwise adjust privately.with joint owner. and let joint owner take credit and take cash from him.