CCI Online Coaching    |    x

T.d.s. u/s 194i

This query is : Resolved 

11 May 2012

My query is where a landlord has given a premises and furniture and fixture situated in the said premises on rent to a same tenant byway of a separate agreement, and agreegate payment in a year exceeds Rs:180000/- wheather provisions of Section 194 I are applicable?

CA Ghanshyam Joshi (Expert)
11 May 2012

“Rent” means any payment, by whatever name called, under any lease, sub-lease,
tenancy or any other agreement or arrangement for the use of (either separately or together)
any –
(a) land; or
(b) building (including factory building); or
(c) land appurtenant to a building (including factory building); or
(d) machinery; or
(e) plant; or
(f) equipment; or
(g) furniture; or
(h) fittings,
whether or not any or all of the above are owned by the payee.

The words used in the definition is "either separately or together" hence TDS is applicable.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x