https://www.taxtmi.com/manuals?id=1253 Section 194-I requires deduction of tax at source on payments characterized as rent for use of land, buildings, plant, machinery, equipment, furniture or fittings. The duty to deduct lies primarily on non-individuals and on individuals/HUFs meeting turnover criteria, and arises at the earlier of credit to the payee or actual payment. Different deduction rates apply by category of asset; the provision covers advance rent, warehousing charges and non-refundable deposits, and thresholds and co-owner rules determine when no deduction is required. en-us Mon, 05 Oct 2015 11:18:00 +0530 Mon, 14 Apr 2025 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1253 Section 194-I requires deduction of tax at source on payments characterized as rent for use of land, buildings, plant, machinery, equipment, furniture or fittings. The duty to deduct lies primarily on non-individuals and on individuals/HUFs meeting turnover criteria, and arises at the earlier of credit to the payee or actual payment. Different deduction rates apply by category of asset; the provision covers advance rent, warehousing charges and non-refundable deposits, and thresholds and co-owner rules determine when no deduction is required. Manuals Income Tax Mon, 05 Oct 2015 11:18:00 +0530 https://www.taxtmi.com/manuals?id=1253