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Tds u/s 194i

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 December 2012 If a firm paid rent to three parties less than Rs. 180000 each but total amount excceds the limit then TDS will be applicable on that firm or not?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
07 December 2012 Since the payee is different TDS is NOT applicable.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
07 December 2012 No, TDS is not applicable but all three should be the co-owners of the property
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