05 October 2016
suppose we are running two firms.we make payment of rent of A'firm through bank account of b firm.do we need to deduct tds in A's books??
05 October 2016
if u are paying rent from B's book ..TDs will be deducted by B only...while entries will be passed such that A returns bk the whole amount...
also while filing TDS returns...TAN of A should be uses..
CAclubindia
