2003 (8) TMI 31

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....f India is a tenant of a portion of the said property. It appears that there were certain disputes between the petitioners and the bank for quite some time, and accordingly rents were not paid to the petitioners. On December 16, 1998, the bank agreed to pay a rent of Rs. 6,20,512 to the petitioners but at the same time proposed to deduct a sum of Rs. 99,198 on account of income-tax deducted at sou....

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.... to keep them separate. A person may be an individual and may be a body of individuals. While the liability under section 194-I is foisted the moment rent is to be paid to a person which as aforesaid may be an individual or a body of individuals. But the rate of tax to be deducted has been fixed for an individual at a separate rate and for a body of individuals at a separate rate. The proviso to t....