SEC 194C OR 194I
This query is : Resolved
23 March 2009
Dear all,
i want to know what is the rate of tds to be deducted on payment made to port office for ship landing fees.
will it be a contract or will it be rent.
i want to know what is the rate of tds to be deducted on payment made to port office for ship landing fees.
will it be a contract or will it be rent.
23 March 2009
194C
23 March 2009
194c
23 March 2009
can u please give any case law reference in this regard
23 March 2009
Section 194I, defines Rent as, any payment under lease, sub-lease, tenancy or any other agreement or arrangement for the use of land, building, including factory building, P&M,and F&F. so the above case doesn't comes under this, so 194I will not be applicable.
so, 194C as it seems to be contract only.
Don't remember the case law, but CBDT in Circular No.718 dated 22 august 1995 ahs cleared the fact.
so, 194C as it seems to be contract only.
Don't remember the case law, but CBDT in Circular No.718 dated 22 august 1995 ahs cleared the fact.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
