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Can firm pay rent to partner ?

This query is : Resolved 
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(Querist)
13 December 2013 Hello everyone,

instead of transferring property into firm a partner wishes to give property on rent to the firm.

my questions ;
1. whether rent paid by firm to partner would amount to salalry/remueration for the purpose of section 40b. ?
2. If answer to above is NO then is Tax deduction mandatory if rent>180000 pa ?

waiting for the views of the experts.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
13 December 2013 Yes it is allowed.
.
TDS is mandatory if rent paid is >180000/pa.
.
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