its urgent

Shiv Sir,

Actually No circular or notification was issued only explaination was elaborated.

Below MACHINERY IS ENCLUED IN THE EXPLAINATION TO 194 I WHICH INCLUD VAHICLE.

in brief , i say TDS shall be deducted under u/s 194 I .

FOR SUBSTANTIATE MY ANSWER FOLLOWING IS TAKEN FROM INCOME TAX ACT, 1961.

[Rent.
⁸194-I. Any person, not being an individual or a Hindu undivided family, who is responsible for paying to ⁹[a resident] any income by way of rent¹⁰, shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by the issue of a cheque or draft or by any other mode, whichever is earlier, ¹¹[deduct income-tax thereon at the rate of

¹²[(a) ten per cent for the use of any machinery or plant or equipment;

(b) fifteen per cent for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings where the payee is an individual or a Hindu undivided family; and

(c) twenty per cent for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings where the payee is a person other than an individual or a Hindu undivided family:]

Explanation.For the purposes of this section,

¹⁴[(i) 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

(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;]