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Tds applicability on 94i

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(Querist)
27 January 2016 Sir
if landlord is two persons,then how we deduct tds.
please define in brief.
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Ganeshbabu K

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Ganeshbabu K (Expert)
27 January 2016 Yes,if land is owned by more than one person,Threshold limit for deduction of TDS 194I applicable for each coowner,
i.e, tds required to be done if payment to each co-owners exceeds threshold limit for payment of TDS 194I
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 January 2016 Pl see CBDT Circular No. 715 dated 08-08-1995, particularly question No. 22.
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