We purchased a property recently, and the broker is asking that we pay him in cash. And to divide the sum amongst his family members. I think he's asking us to do this to avoid any tax liability. Is it safer to do it the legal way, with the TDS and paying him in cheque?
Thanks.
Agree with Ms. Madhvi
we are a company based in bangalore. is it okay to have the cheques deposited to his family members? thanks.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
