06 September 2007
1. Car hiring charges u/s 194C as it is works contract.(you may visit https://www.caclubindia.com/experts/experts_message_display.asp?group_id=4821)
2. Computer leasing u/s 194I as the same is included in the definition of rent as expanded.
06 September 2007
If we have some contract about car hiring then sec 194C apply other wise sec.194I will apply. For Computer leasing Charges sec 194I will apply.
13 December 2007
Car Hiring may some time attract section 194I. It is advbisable to consider he contract, whether the contract was for execution of any work or contract was for transferring of right to use the Car.