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section 194I

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Provision of Tax Deducted at Source from Rent under Section 194I

Income Tax : Explore Section 194I of the Income Tax Act for tax deductions on rent payments. Learn rates, exemptions, and important clarificati...

February 23, 2024 2694 Views 0 comment Print

TDS Applicability on CAM Charges: Legal Perspectives & Judicial Precedents

Income Tax : Explore legal perspectives and judicial precedents regarding Tax Deducted at Source (TDS) applicability on Common Area Maintenance...

February 8, 2024 1305 Views 0 comment Print

TDS applicability on Rent paid under Income-tax Act

Income Tax : Learn about TDS on rent under the Income-tax Act – rates, applicability, exemptions, and procedures. Understand how to comply wi...

January 21, 2024 20121 Views 0 comment Print

TDS Rate Chart for FY 2023-24 / AY 2024-25 – Updated

Income Tax : Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the latest rates for tax deduction at source for various transactions. Ea...

July 25, 2023 53310 Views 4 comments Print

Important provisions of Tax Deducted at Source

Income Tax : Gain a comprehensive understanding of Tax Deducted At Source (TDS) provisions under the Income Tax Act, 1961. Explore key sections...

July 11, 2023 7089 Views 0 comment Print


Latest News


Section 194-I: Increase TDS on rental income exemption limit of Rs. 1,80,000

Income Tax : As per the provisions of section 194-I, the tax is to be deducted at source @10% in respect of income by the way of rent for any u...

January 19, 2018 4728 Views 0 comment Print


Latest Judiciary


‘Transit Rent’ not liable to tax so no TDS deductible on it under Section 194I

Income Tax : Explore implications of Bombay High Court's ruling on TDS deduction under Section 194I for 'Transit Rent'. Get insights into judgm...

May 4, 2024 2598 Views 0 comment Print

Storage Charges akin to Rent, Require 20% TDS under Section 194I

Income Tax : Bombay High Court rules storage tanks not land or building, impacting TDS deductions on storage charges. A pivotal decision for ta...

March 3, 2024 2151 Views 0 comment Print

No disallowance for not deducting TDS on minimum hotel booking guarantee expense

Income Tax : ITAT Delhi allows Oravel Stays' appeal against CIT(A)'s order, removing disallowance under section 40(a)(ia) for not deducting TDS...

February 16, 2024 1077 Views 0 comment Print

Section 194C TDS on Common Maintenance Charges: ITAT remitts matter back to AO

Income Tax : Explore the ITAT Delhi order in Paramount Restaurants' appeal against National Faceless Appeal Centre's decision on TDS deduction ...

February 2, 2024 420 Views 0 comment Print

TDS under Section 194C Applicable to CAM Charges Distinct from Rent: ITAT Delhi

Income Tax : ITAT Delhi decision on TDS under section 194C for CAM charges. Explore Liberty Retail Revolutions Ltd. vs ACIT case details, analy...

January 22, 2024 3114 Views 0 comment Print


Latest Notifications


Section 194I not applicable on remittance of Passenger Service Fees: CBDT

Income Tax : A dispute arose on applicability of the provisions of section 194-I of the Act, on payment of Passenger Service Fees (PSF) by an A...

June 12, 2017 1476 Views 0 comment Print

TDS on lump sum lease premium paid for long term lease

Income Tax : The issue of whether or not TDS under section 194-I of the Act is applicable on 'lump sum lease premium' or 'one-time upfront leas...

October 13, 2016 15814 Views 1 comment Print

No TDS on Payment to Tirupati Balaji Mandir U/s. 193 & 194A

Income Tax : Central Government hereby notifies that no deduction of tax shall be made from payments of the nature specified in section 193 or ...

September 9, 2016 5059 Views 0 comment Print

Deduction of Tax at source on Service Tax on professional and technical fees

Income Tax : Circular No. F. No.275/73/2007-IT(B) Service Tax component to be considered for deducting tax on any sum paid as professional and...

June 30, 2008 3765 Views 0 comment Print


Amendment in TDS rates / Provisions U/s. 194C & 194I

July 6, 2009 27916 Views 0 comment Print

194C- Under this section earlier there was same Rate of TDS in respect of Payment to all the class of the Assesses. Now finance minister has changed the rates and provided that that any person shall deduct tax at source at the rate of one per cent,if the payee is an individual or a Hindu undivided family or at the rate of two per cent. in the case of any other person, on payment to a resident contractor for carrying out any work.

Deduction of Tax at source on Service Tax on professional and technical fees

June 30, 2008 3765 Views 0 comment Print

Circular No. F. No.275/73/2007-IT(B) Service Tax component to be considered for deducting tax on any sum paid as professional and technical fees under section 194J The Central Board of Direct Taxes (CBDT) has clarified that the payments made under section 194I differ significantly from payments made under section 194J in the way that in the case of 194I, TDS has to be deducted on any income paid as rent. However, in the case of section 194J TDS has to be deducted on any sum paid as professional and technical fees. The CBDT had decided to exclude TDS on service tax component on rental payment because it was construed that service tax payment cannot be regarded as income of the landlord. Since section 194J

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