Dear Members,
There are two co applicants for flat worth 60 lacs. Both co applicants are relatives, can anyone of them pay 1% tds on amount(installment) paid by both or both needs to pay individually.
Please guide
Swati Sharma (TRAINEE) (328 Points)
23 February 2018Dear Members,
There are two co applicants for flat worth 60 lacs. Both co applicants are relatives, can anyone of them pay 1% tds on amount(installment) paid by both or both needs to pay individually.
Please guide
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 23 February 2018
any one can pay the 1% tds on behalf of both.