Rent in case of joint owners

Dear Mr.Vipul , 

yes, they should receive rent Cheques in two names separately.

TDS will be deducted by tenant(Lessee) if Rent Amount Exceeds Rs.180000/-For The Entire Financial Year U/s 194I.

sir,

does this mean that tenant need to cut TDS on the rent he pays if total rent in a FY is more than rs 184000?

Mohan

Mr.Vipul is right....Each Coowner will be treated as a separtate owner and Limit of Rs.180000/- will be considered separately .

Agree with Deepak and it will advisable that takes the separte cheque in both name in proportion of their share in said house.

Hi , I am taking a property on rent . Property belongs to  joint owners , husband and wife. Owners are asking for 2 different cheques i.e 50% amount in each account. I hope i will be able to get the benefit of 100% amount in tax . which PAN will i show ?  should i show both the PANs ?