Dear all,
One of my client has purchased land wherein payment has been made to 2 persons:
1. XYZ (P) Ltd. (one of the owner of the land) - 90%
2. Mr. A (Power of Attorney holder of the rest of the owners of the land) - 10%
My Query is:
Whether TDS will be deducted in the name of Mr. A or in the name of the owners of the land in case of the 10% payment?
Regards,
CA Milan Agrawal
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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Krea University
Chennai
CA
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Fytomax Nutrition Private Limited
Aurangabad
CA Inter
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CCI
Pro
CAclubindia
