Tds
This query is : Resolved
24 March 2015
whether TDS applicable for hire charge payments? if applicable means how much percentage?
24 March 2015
Hire Charges of what?
If hire charges paid for Plant & Machinery then TDS 2% u/s 194I if threshold limit of 180000/- p.a. is crossed.
If paid for any Land, Building or fitting @10% u/s 194I if threshold limit of 180000/- p.a. is crossed.
If PAN not provided 20% TDS to be deducted.
If hire charges paid for Plant & Machinery then TDS 2% u/s 194I if threshold limit of 180000/- p.a. is crossed.
If paid for any Land, Building or fitting @10% u/s 194I if threshold limit of 180000/- p.a. is crossed.
If PAN not provided 20% TDS to be deducted.
25 March 2015
hire charges depend on the nature
like on machinery & building come under u/s 194I.
for transporter hire come u/s 194C
like on machinery & building come under u/s 194I.
for transporter hire come u/s 194C
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