Regarding Rental Income And TDS deduction.

As I understand your problem , I think ,Though you are not only giving your property for rent but you also took the responsibilities of the maintenance of their vehicles , & the maintenance responsibilities coming under the contractorship as the company thinks. Though you are a lawyer Rudra, I think you better understand the language of Law which is written in the agreement .

As I understand your problem , I think ,Though you are not only giving your property for rent but you also took the responsibilities of the maintenance of their vehicles

 

Actually.. in this discussion.. I given some facts wrongs.
Real prblm is.
That I'm the owner of the property. I use to work with the company's like Mahindra n all. I haven't done any agreement with companies except that the profit ratio will be 70:30.
business is like.. I own the property.. companies send their vehicle to store at my property. I store them at my property called as yard. For Rest of the things I take care.. like maintenance labor and all.
Companies business is like.. they catch that vehicles whose owners are not able to financed amount of loan.
For this too.. I'm responsible.
They will issue a notice.. we catch the vehicle store it our own place.
Now prblm is that i haven't done any agreement with company.. but then also they deducted tax in 194Ib.
My point is that they should deduct the money in 194C.
Response Regarding this prblm.

I think Company is right Rudra,because they stored their vehicles at your Godown or yard against rent & that's why they deduct TDS under 194IB. But I think the maintenance ,Labour & other things will come under 194C so you can demand that the amount should bifurcate in rent in 194IB & the other things in 194C.

 

Mahindra can deduct the tax in 194 IB

Agreed