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Rent payment by pvt ltd co

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07 April 2021 Hello All experts and CA's
Our co is pvt ltd co.. we are planning to give rent from the company for managing director residence. can we do this.. Landlord is joint . Shall we give rent to only one owner or to both.
Most important. Owners are MD parents..
Co is giving salary to MD right now..
Can the company give both rent and salary to MD..
PL guide
Regards

07 April 2021 Give rental payment to both owners. The rental payment will be considered as salary of MD and TDS to be deducted.



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