Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Tds on rent-property owned by 3 person ??

This query is : Resolved

Share Report Follow Query Ask a Query

CA Abhishek Singh

CA Abhishek Singh (Querist)
Follow

17 May 2014 Hello everyone,

a shop is owned by three persons A, B and C

My client has taken that shop on Rent and he pays monthly rent rs.50000/- as follows.
To A-Rs.20000 (240000 pa)
To B-15000 (180000 pa)
To C-15000 (180000 pa)

My question:
Is Tax required to be deducted on payment made to A,B,C ?

waiting for the views of the experts.

BabuRaj.P (Expert)
Follow

17 May 2014 Deduct tax @10% in respect of A only

AMIT MODI (Expert)
Follow

18 May 2014 deduct tax @10% (while making payments/ credit to A only)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member saurabh sawlani

saurabh sawlani

Pro Member Srikanthan S

Srikanthan S

Pro Member Shripad Chauhan

Shripad Chauhan

Pro Member Vidish Bhatt

Vidish Bhatt

Pro Member NITHIN GEORGE

NITHIN GEORGE

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

29 May 2026

Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

Featured 02 May 2026

Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details

10 May 2026

Finance specialist

Right way solution

Ajmer

CA

View Details

04 May 2026

Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details

14 May 2026

ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details