Unascertainable share in house property
This query is : Resolved
Aditi Iyer
(Querist)
04 August 2014
I am liable to pay rent on house property. The contract mentions co-owners but does not mention the share of ownership. Further i am required to make entire rental payment only to one of the owners. The others have given an NOC to me allowing for such payment. Can I make this payment?
How do i deduct TDS? What is the TDS treatment?
How do i deduct TDS? What is the TDS treatment?
04 August 2014
you need to make an agreement mentioning the facts stated above for future legal refrence else u may be in trouble for non dedcution of tds correctly etc
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Aditi Iyer
(Querist)
04 August 2014
Thank you sir. So, should I make payment only to one owner as per NOC and TDS shall be deducted on the basis of single owner?
04 August 2014
tds should be deducted on the basis of no of onwers so u first execute an agreement
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