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    <title>What is the rate at which tax is required to be deducted under section 194-I?</title>
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    <description>Tax deduction at source under section 194-I prescribes different withholding rates depending on the nature of the asset rented: a lower rate for rent of plant, machinery or equipment and a higher rate for rent of land, building (including factory buildings), land appurtenant thereto, furniture or fittings. The prescribed rates are not increased by surcharge or health and education cess.</description>
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