Tds on boat hire charges

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R S Pandi

R S Pandi (Querist)
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27 March 2019 sorry sir,

Monthly rent Rs.1,00,000/-

how much % TDS Should i deduct from the boat hire charges.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 March 2019 Deduct 2% under section 194c

R S Pandi

R S Pandi (Querist)
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28 March 2019 Dear Seetharaman Sir,

Thanks for your reply.

I have a doubt on this. We have made agreement with individual person not with company for boat hire charges.

We are paying Rs.1,00,000/- monthly rent as per agreement.

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R S Pandi

R S Pandi (Querist)
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28 March 2019 Dear Seetharaman Sir,

Thanks for your reply. I have a doubt on this. We have made agreement with individual person not with company or firm for boat hire charges.

We are paying Rs.1,00,000/- monthly rent as per agreement.

TDS % ???? on boat hire charges.

Pls don't mind.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 March 2019 TDS 2% applicable on renting of machinery and equipment.

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R S Pandi

R S Pandi (Querist)
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28 March 2019 Thank u very much sir.