please tell me that if there are two seprate contacts for hiring building and furniture then wether both are treated as a single agreement or not and Tds should be deducted at the rates given u/s 194I. please give refrence of decieded case law, if any.
29 November 2010
If the tenant is same for both contracts, separate contracts may be viewed as one contract for determining the threshold limit . But the TDS rate for both are same u/s 194I.