TDS on paymnet for EQUIPMENT Per Metric Ton Basis i/o Period

This query is : Resolved 

24 March 2009 Dear Expets,

Please advice in which rate TDS has to be dedcuted if payment is made :

1) For Equipment for per metric ton basis i/o periodical basis

2) For Barge Hire on Per metric ton basis i/o periodical basis.

Dear Experts why it not attarcts U/s 194 I ???

24 March 2009 It appears to be a works contract falling under 194C. 2% + applicable Surcharge + 3% Edn Cess & SHEC

24 March 2009 i support mr. shyam


24 March 2009 Dear Sir / Madam

It not attaracts U/s 194 I in any case ?

Please confirm

24 March 2009 Not at all. You are paid for carrying out the work, not for renting the equipment.



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