Tds on Rent

My opinion is, if suppose he wants the chq in different name, then new agreement should be made between the new party (his wife and you) or (his company and you) for that also, the property should be in the name of new party or the power of attorney to rent out the premises by the new person should be executed by the existing person.

he wants to avoid TDS that' the reason he want chq on others name..so it it okay to pay other people without tranfer of ownership of that assest(premises)....???

Hey,

The rent should be paid to the owner of the property with whom u ve made agreement.  Ensure who is the owner. whether he or his wife or property held in joint names.  Only with the owner of the property you can enter into a valid agreement.

Provided he is the owner  ask him to give certificate for no dedcution of tax obtained from Inc Tax dept.  Otherwise proceed to deduct tax.

N.B Rent paid without dedcution of tax will attract interest and penalty and disalloance of such amount in your total income.

all d best