Hi,

I have a doubt regarding the changes in deduction under 194I (Rent)

The new changes is for addition of 194I(A)"TDS on transfer of Immovable property other than agricultural land" w.e.f 1.6.13.

But I am not clear, whether 194I (for rent on plant and machinery & premises )still can be used or as I read in this site 194I(a)and 194I(b)can be used respectively? (is any notification is available for the usage of (a) & (b))

If I use 194I(a) for tds related to Plant and machinery, will it be wrong, as 194I(A)is for the new addition as mentioned above?

Please advice

Dear Experts,

Thanks in Advance for reading and replying me with your comments.

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Regards
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