16 July 2013
is it treated as rent and attract TDS under 194 - I
1. apart from fixed rent any payment like annual maintenance reimbursement to owner of asset(whether or not a written agreement/arrangement) - whether TDS provisions will attract or not.
2.If not attract TDS any consequence under section 40(a)(ai)(dis allowable expenditure)
Please give clarification for the above with supporting and references,case laws if any.