Section 194-I : If Property Held by Co-Owners ,Limit of Rs 1,80,000 Not Applicable !


Section 194-I of the Income Tax Provide for TDS on the rent paid or payable in case of house, plants, machinery and many other items. However, in case of immovable property , many time the owners are more than one i.e the property is held jointly by a group of co-owners and therefore the question…

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