Tds on rent

This query is : Resolved 

09 January 2014 Tds on Rent- suppose assets are owned by more than one person..... .eg. total rent Rs 30000 pm and Its owned by 5 people in this case tds is applicable or not

09 January 2014 Hi

If you are issuing cheque in favour of single party then TDS to be done else no.

Thanks



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