Tds treatment to rent paid to the co-owner

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Dear Faternity,

Company X Pvt Ltd pays monthly rent to Co-owners A & B of a property. A & B are 50 % each owner of the property. In this case how should be TDS treated. Should it be deducted against Pan No of each Co-owner in equal proportion or against Pan No of any particular Co-owner?

Thank you in anticipation

 

 

 

Replies (3)

Against Pan No of each Co-owner in equal proportion......
 

TDS deduction required both if the Owners PAN as per the Percentage of Share...
required pan of both co owners


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