TDS ON RENTAL

This query is : Resolved 

10 March 2009 A company has hired cars from a party, the agreement states that the party will bear all maintenance charges and the Company will use its own drivers and also bear fuel expenses. What I want to know is whether TDS has to be deducted under 194C or 194I ????

10 March 2009 Since there is contractual relationship between the parties so 194C is applicable.



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