Tds on rental office
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2015
Dear Experts,
Plzz consider my query..
My company has taken office on rent Rs. 30000/- PM, however this office is in the name of two jointly individuals and both holding 50%, 50% share, Rs. 15000,15000 will be paid separately to both of them, plz clarify should i deduct 10%, 10% TDS of both or one owner if one whose...
Regard
Sumit kumar
Plzz consider my query..
My company has taken office on rent Rs. 30000/- PM, however this office is in the name of two jointly individuals and both holding 50%, 50% share, Rs. 15000,15000 will be paid separately to both of them, plz clarify should i deduct 10%, 10% TDS of both or one owner if one whose...
Regard
Sumit kumar
CMA Ramesh Krishnan
(Expert)
20 December 2015
You have to deduct the TDS from both joint owners, but both owners rent payment not exceed Rs.1.80 lakhs individually, so if exceeds the threshold limit you can deduct from both
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
