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Car Parking Facility

This query is : Resolved 

14 May 2009 Hi
My doubt is whether the car parking facility provided by the owner of the building should be accounted as miscellaneous expenses or it should be accounted as rent of the facility. And the tds on the same should be charged under section 194 I or 194 C.
Thanks & Regards
Sayeeda

19 May 2009
Same will be treated as rent and Rent TDS will be applicable



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