Deduction of tax at source on rent applies to rent, non-refundable deposits and warehousing charges with specified exclusions. Deduction of tax at source under section 194-I requires specified persons to deduct tax on income by way of rent at credit or payment, with the definition of rent covering any payment for use of land or buildings (including parts thereof) and deeming credits to suspense accounts as payee credits; administrative clarifications state that advances before the effective date are exempt, non-refundable deposits and warehousing charges attract deduction, refundable deposits do not, interest on deposits is covered by interest withholding rules, and tenant-borne municipal taxes are excluded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction of tax at source on rent applies to rent, non-refundable deposits and warehousing charges with specified exclusions.
Deduction of tax at source under section 194-I requires specified persons to deduct tax on income by way of rent at credit or payment, with the definition of rent covering any payment for use of land or buildings (including parts thereof) and deeming credits to suspense accounts as payee credits; administrative clarifications state that advances before the effective date are exempt, non-refundable deposits and warehousing charges attract deduction, refundable deposits do not, interest on deposits is covered by interest withholding rules, and tenant-borne municipal taxes are excluded.
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