we are private limited company, we have plan to rent a building for business, the rental place was belongs Partnership firm.
They want us to pay rent on name of individuals (two partner's name).
shall we pay rent from company to partnership firm individual..?
is it allowable..
please clarify.
Thanks & Regards
Fareed
No. you should pay the rent to the owner of the building. If owner is firm, you have to pay the rent to firm.
Thank for your guidance ...!
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