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of <h1>Clarification on Income Tax Deduction at Source for Rent Payments u/s 194-I; Exemptions for Government and Certain Entities.</h1> Circular No. 699, dated January 30, 1995, clarifies the requirement of deducting income tax at source under section 194-I of the Income-tax Act for rent payments to the Government and certain exempt entities. It states that no tax deduction is required for payments to the Government under section 196. For statutory and local authorities whose income is exempt under sections 10(20) and 10(20A), no tax deduction is needed if their tax-exempt status is confirmed by a certificate. This applies to income from house property or other sources, ensuring compliance with tax exemption provisions.
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