Tds deduction

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2012 Dear Sir,

IF tentage service provided like Pandal & Shamiana, funiture etc. on hire basis then at which rate tds should be deducted U/s 94 C (2% or 1% ) or U/s 94 I (2% or 10%)

Please reply

CA Prashant Gupta

CA Prashant Gupta (Expert)
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16 July 2012 normally companies deduct TDS on tent services in 194 C

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2012 Sir What is Right 94C or 94I

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CA Prashant Gupta

CA Prashant Gupta (Expert)
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16 July 2012 as per my view 194 C is right. because if we study 194 I then we found all things like equipments, machinery are related to production so as per me furniture use in this must be for production use like in factory or office work. but tent services furniture is not covered in this. it will be a contract for all services of Tent. Not only for furniture used. So 194 C is right

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