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car hire charges

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(Querist)
11 November 2008 we are paying regularly to different car travels for engaging car's for official visits my question is , is this attract tds? if yes , minimum slabis Rs.20000/- per bill or Rs.50000/- per year. is it correct.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 November 2008 Yes it does u/s 194C
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
12 November 2008 Yes. It comes under the purview of Sec 194C and u r correct
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Ravikumar.G

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Ravikumar.G (Expert)
18 November 2008 yes

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