20 December 2015
Dear Experts, Plzz consider my query.. My company has taken office on rent Rs. 30000/- PM, however this office is in the name of two jointly individuals and both holding 50%, 50% share, Rs. 15000,15000 will be paid separately to both of them, plz clarify should i deduct 10%, 10% TDS of both or one owner if one whose...
20 December 2015
You have to deduct the TDS from both joint owners, but both owners rent payment not exceed Rs.1.80 lakhs individually, so if exceeds the threshold limit you can deduct from both
CAclubindia
