CA Manikandan.A.V (FINANCE & ACCOUNTS) (789 Points)
28 December 2010
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Hi, Is TDS u/s 194 I is applicable for maintenance charges paid to landlord along with rent. Advance thanks, |
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 28 December 2010
maintanance charges belong to part of rent as the nature is fixed per period. TDS applicable
Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 28 December 2010
Defination of rent in Section 194 I is given as follows :
the term rent means any payment under any lease, sub lease, tenancy or any other agreement or arrengment for the use of (either seperatly or together) any: a) Land b) factory building C)land appurtent to a building ( including factory building); Machinary e) Palnt f) equipments;g) furniture h)fittings, whether or not any or all of the above are owned by the payee.
Pls refer below written link ....already a long disscussion was held on this topic
https://www.caclubindia.com/forum/sec-194-i-118185.asp
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Regards
Madhusudan Kabra
CAclubindia
