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tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2010 In hotel industries
hotels have to hire out many equipments such as LCD TV , projector , Heater's etc.

According to me TDS to be deducted U/s 194 I (RENT), i.e. Rent of machinery , plant & equipments liable to TDS @ 2%.

Is it right
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
01 July 2010 TDS to be deducted U/s 194 I (RENT), i.e. Rent of machinery , plant & equipments liable to TDS @ 2%

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