16 April 2014
If the amount of rent is received by all 4 of you separately and PAN is also provided by all of then TDS not required to be deducted since annual rent paid to each of you will be less than the threshold limit which is Rs 1.80 Lacs per annum.
17 April 2014
AS PER PROVISIONS OF SEC 194-I IF THE SHARES OF ALL CO-OWNERS ARE DEFINITE, THEN THE EXEMPTION LIMIT OF RS. 1,80,000 IS APPLICABLE TO EACH CO-OWNER SEPARATELY. SO IN YOUR CASE THERE IS NO TDS IS APPLCABLE.
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