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TDS on RENT - A - CAB

This query is : Resolved 

05 March 2009 TDS % for the income generated on Rent-a-cab operation, where the vehicles are dedicated operation for a project and also vehicles provided for non dedicated operations. ALSO MENTION THE SECTION OF INCOME TAX ACT

05 March 2009 tds is to be deducted @ 2.266% if payment are more than rs.20 thousand at a time or total payment is in excess of rs.50000/-in the year



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