tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2010 DEAR ALL,
TDS deducted on the expenditure incurred for storage and handling charges on the containers (plant?)in the logistics company,under which head it should be categoriesed (rent 194i/ contract 194c)?
please......

30 December 2010 194C.

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2010 thank you sir,
but
u/s 194
[(i) “rent” means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,—
(a) land; or
(b) building (including factory building); or
(c) land appurtenant to a building (including factory building); or
(d) machinery; or
(e) plant; or
(f) equipment; or
(g) furniture; or
(h) fittings,
whether or not any or all of the above are owned by the payee;]

and payment made for using land
please.....



30 December 2010 Storage and handling charges does not come under any of the above.


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2010 thank you very much sir.........



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