Common area maintenance charges- whether it should cover either 194C or 194 I or both ?
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Quick Summary
This discussion explores the correct TDS rate applicable to Common Area Maintenance (CAM) charges. The core question is whether CAM charges should be subject to TDS under Section 194C or 194I of the Income Tax Act. While one perspective suggests 194C for contractual work, another argues for 194I due to the rental nature of CAM charges. The debate also touches upon the distinction between technical fees and rental agreements.