05 May 2017
Company is taken laptop on hire basis and amount is charged of Rs.2500 / pm. It is liable for TDS ? If it liable/ not liable for TDS why ? please confirm me.
05 May 2017
TDS is not applicable in the above case. The reason is that it is not crossing the limit as mentioned in section 194I(hiring of plant and machinery) i.e, 180000/- PA.
CAclubindia
