if amount of Rent & Ameneties is paid to a same person but diffrent bills are raised by him then which sec is applicable on ameneties portion........194 C or 194 I......?
prateek rijwani (Industrial Trainee) (125 Points)
23 December 2010if amount of Rent & Ameneties is paid to a same person but diffrent bills are raised by him then which sec is applicable on ameneties portion........194 C or 194 I......?
Pankaj Arora
(Learner)
(3134 Points)
Replied 28 January 2011
ameneties means repairs & maintinance of property if someone is given contract than it should be deduct u/s 194C.
rachit jain
(chartered accountant )
(635 Points)
Replied 31 January 2011
definition of rent u/s 194 I is "rent means any payment by whatever name called under any lease, sub lease, tenancy, or any other agreement or arrangement for use of any land, building or plant, machinery or equipment whether or not any or all of the above is owned by the payee.
so based on above definition Ameneties is also covered u/s 194 I.