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I am an individual paying rent more
than 50k jointly with my company. now my side 50k not exceeds then can I deduct tds?
Replies (5)
What is the meaning of "Jointly with company?
Who is book this expense in his/their books?
Are you/accounts under tax Audit...?
jointly means company also paying part of
the rent
tax audit is not applicable
in both books part of expenditure booking
Then no need to deduct TDS...
Dear Mr. Ka Srinivas., Welcome to CCI Family... You can ask any query for Taxation related in CCI. But, Ask anything with clearly then You can get exact solution from our CCI Experts...
sir I m paying rent for residential property of rs 42000 each to two co owners of a single property is Tax deduction liability arises in this case?


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