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194ib

12 June 2018

I am an individual paying rent more
than 50k jointly with my company. now my side 50k not exceeds then can I deduct tds?

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 June 2018

What is the meaning of "Jointly with company?
Who is book this expense in his/their books?
Are you/accounts under tax Audit...?

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Ka Srinivas (24 Points)
Replied 12 June 2018

jointly means company also paying part of
the rent
tax audit is not applicable
in both books part of expenditure booking

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 June 2018

Then no need to deduct TDS...

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 June 2018

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...

avinash tibra (2 Points)
Replied 27 November 2018

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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