TDS on hire charges

This query is : Resolved 

18 July 2009 Tds on hire charges of a vehicle will come u/s 194c or 194i?

18 July 2009 if the driver salry is paid by you then 194I otherwise 194C.

18 July 2009 if you are paying rent monthly then it is u/s 194I otherwise u/s 194C



18 July 2009 194C

20 July 2009 AS per expllanation III of Section 194 C , work shall also include :
a)
b)
c) Carriage of goods and passenger by any mode of transport other than by railways.

It means section 194C apply to hiring of vechile.
In section 194I, nowhere is provided regarding rent /hiring of vechile , there is only rent of land, building , machinery, plant, equipment, furniture & fittings .




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries