if flat has 2 owners, both names are there in the agrEement, can the tenant deposit rent in their joint account as whole or should he break it and deposit in same account time each time with different beneficiary? or should he deposit into separate individual accounts for the owners, also if the breakup needed to be mentioned in the agreement?
2 Replies
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 20 December 2020
You can deposit whole rent in their joint account
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 23 December 2020
You can deposit in joinit account. you deposit in there personal account. You deposit in only one owners account.
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
