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?
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.
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.
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