If a residence has co-owners, can the rent be split up for determining the applicability of tax.?

No, rent on the property shall be subject to TDS without split up.That is the payer will deduct the tax at source on gross amount of rent without dividing the rent on diffrent owners.
Google Buzz

About taxworry

Speak Your Mind

*

More Twitter Followers
Subscribe taxworry.com!
data recovery

Page optimized by WP Minify WordPress Plugin