27 November 2015
I am buying house jointly with my wife. All payments will be made from my source.
I want to make tds deduction on property u/s 194(!A) from my account only. Is this correct. OR do I have to make deduction in both our names. ?
Please note that my wife is not earning member.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 November 2015
Question 2. Also advice, property which I am buying has two joint owner, According to seller all payment for property is made by by him and he is 100% owner.
So he wants TDS to be dedcuted on his name only. Please advice is it ok to deduct TDS in his name only?