TDS on Rent under section 194I, 194IB & 194IC

• August 17, 2020
• CA Chandan Agarwal's Office

All about TDS on Rent

Meaning of Rent

‘Rent’ means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,—

1. land; or

2. building (including factory building); or

3. land appurtenant to a building (including factory building); or

4. machinery; or

5. plant; or

6. equipment; or

7. furniture; or

8. fittings,

whether or not any or all of the above are owned by the payee.

Read more on: https://taxguru.in/chartered-accountant/tds-rent-section-194i-194ib-194ic.html