Tds


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2012 Suposse A & B is the owner of the building and both have Started a partnership business and they decided to pay that the firm will Pay Rent @ 30000/- pm ?
In the above case total rent paid by the firm is excedding Rs. 180000/- so TDS should be dedeucted firm say?
but , A says that he is receiving only Rs 15000/- pm so TDS cant be deducted ?

01 June 2012 In the books of the partnership firm show rental payment separately to A & B. Now since the rental payment to one landlord is less than Rs. 1,80,000, TDS will not be deducted.


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