How to deduct tax at source under section 194-I in case the building is let out along with machinery or other equipment?

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..... Tax - Manuals - Ans. The rental proceeds are considered as composite rent in case other assets such as plant, machinery, or equipment are also let out along with land or building. The tax deductio .....

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..... her assets: The tax shall be deducted at the rate of 10% or 2% depending upon the substantial element of the rent agreement. If the renting of machinery, plant, or equipment is incidental to the re .....

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