Whether TDS on rent u/s 194I is applicable on asset wise or assessee wise?
e.g. if I made a lease agreement from x & co.Ltd and in contract there was a clause for the rent that rent on plant & machinery is Rs. 10,000 P.M. and rent on land & building is 20000 P.M., then on which amount (either 30,000/- or 20,000/-) i have to deduct the TDS ?
Anupam Parashar & Co.
Ghaziabad
CA Final
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RBSM Corporate Advisors Private Limited
Pune
CA
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CCI
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CAclubindia
