Requirement of deduction of income-tax at source u/s. 194I of the IT Act--Payments of income by way of rent made to Government and entities whose income is exempt from income-tax under clauses (20) and (20A) of s. 10 of the IT Act--Regarding

Requirement of deduction of income-tax at source u/s. 194I of the IT Act--Payments of income by way of rent made to Government and entities whose income is exempt from income-tax under clauses (20) and (20A) of s. 10 of the IT Act--Regarding https://www.taxtmi.com/circulars?id=5241 Deduction of tax at source on rent payments is not required where the payee is the Government. For statutory authorities and local authorities whose income is exempt, tax need not be withheld on rent if the payer is satisfied of their exempt status on the basis of a certificate issued by the authority. en-us Mon, 30 Jan 1995 00:00:00 +0530 Sat, 20 Sep 2008 17:22:00 +0530 TaxTMI RSS Generator Requirement of deduction of income-tax at source u/s. 194I of the IT Act--Payments of income by way of rent made to Government and entities whose income is exempt from income-tax under clauses (20) and (20A) of s. 10 of the IT Act--Regarding https://www.taxtmi.com/circulars?id=5241 Deduction of tax at source on rent payments is not required where the payee is the Government. For statutory authorities and local authorities whose income is exempt, tax need not be withheld on rent if the payer is satisfied of their exempt status on the basis of a certificate issued by the authority. Circulars Income Tax Mon, 30 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5241