11 November 2012
Monthly car hire charges was Rs. 10,000 and Rs. 200 is deducted from it becz car has consumed extra diesel over an above their budgeted diesel consumption. So in this case tds u/s 194I will be deducted on which amount either 10000 or 9800 and its reason. plz reply????
12 November 2012
as per my view, it depends on what amount you book. if you book full bill by 10000 and deduct 200 then on full amount you will deduct TDS. but if you pass bill by 9800 only then pay. then on 9800 TDS will be applicable