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TDS to be deducted or not

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(Querist)
09 June 2010 A Company is paying for hiring the car for its employee to travel for business purpose so whether the company should deduct the tax while booking the bill or not us 194C or under which section
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 June 2010 Yes. Deduct under sec.194C
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K V Subba Rao

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K V Subba Rao (Expert)
09 June 2010 There is scope for applicability of provisions of 194C and 194I. Better check the following link to apply your company's facts and decide

http://taxworry.com/what-is-the-difference-between-194c-194i/
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