https://www.taxtmi.com/manuals?id=3199 Under Section 194-I, receipts for letting land or building together with plant, machinery or equipment are treated as composite rent. If separate agreements exist, tax is deducted from each payment according to the nature of that letting. If no separate agreements exist, the substantial element of the composite rent determines the applicable deduction; where machinery or equipment letting is incidental to the building letting, the deduction follows the building letting. en-us Tue, 28 Nov 2023 11:21:00 +0530 Tue, 28 Nov 2023 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3199 Under Section 194-I, receipts for letting land or building together with plant, machinery or equipment are treated as composite rent. If separate agreements exist, tax is deducted from each payment according to the nature of that letting. If no separate agreements exist, the substantial element of the composite rent determines the applicable deduction; where machinery or equipment letting is incidental to the building letting, the deduction follows the building letting. Manuals Income Tax Tue, 28 Nov 2023 11:21:00 +0530 https://www.taxtmi.com/manuals?id=3199