07 November 2013
There is one house co- owned by two persons A & B, they have authorised another person C to collect rent on this house......now if i pay rent to C which exceeds tds limits whether i have to deduct any tds???
08 November 2013
Yes if Rent amount exceeds the limit TDS has to be deducted. You will have to deduct TDS on the name of person with whom you had undergone under leave and license agreement.
CAclubindia
