04 August 2014
I am liable to pay rent on house property. The contract mentions co-owners but does not mention the share of ownership. Further i am required to make entire rental payment only to one of the owners. The others have given an NOC to me allowing for such payment. Can I make this payment? How do i deduct TDS? What is the TDS treatment?
04 August 2014
you need to make an agreement mentioning the facts stated above for future legal refrence else u may be in trouble for non dedcution of tds correctly etc
CAclubindia
