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Tds and vat

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(Querist)
21 February 2012 Sir,
pls advice on the following.
ABC Company leased a container to XYZ company.Since it is a right to use goods,Vat is applicable.
In such a situation ,while making payment to ABC,whether TDS to be deducted on the above payment??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 February 2012 Hiring equipment also covered under Sec.194I. So TDS apply
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Rathika Thankaraj

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Rathika Thankaraj (Querist)
22 February 2012 Thank you
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