03 November 2010
One of our clients is running a travel agency.Sometimes they take on hire vehicles from other agecies to cater to the demands of customers.Fuel charges of such vehicles is borne by us itself& we make payment of hire charges & wages of driver to the other agency.Whether we should deduct TDS u/s 194C or Sec 194I?
03 November 2010
If the vehicle is hired on permanent basis and no. / model of vehicle is appearing in the contract document- 194 I will be applicable, Otherwise 194C.
CAclubindia
