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TDS ON PETROL & R &M

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(Querist)
13 July 2008 1)WHTHER TDS IS APPLICABLE ON PETROL & FUEL EXPENSES IF PAYMENT MADE TO SUCH PARTY EXCEEDS RS.50,000?
2)WHTHER TDS IS APPLICABLE ON REPAIRS & MAINTANCE EXPENDITURE ?
(SUGGEST ANY MATERIAL FOR TDS DETAILS)
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
13 July 2008 1) no

2)yes ......subject to limits
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CA Abhishek Tyagi

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CA Abhishek Tyagi (Expert)
14 July 2008 You should refer to section 194 C of the income tax act for this.
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