09 October 2012
I want to know the rate of TDS applicable for rental of computers. whether it comes under Plant and Machinery so as to charge 2% or should we charge at 10%?
09 October 2012
whether any Formal Agreement is required in order to deduct TDS u/s 194I for Computers being let out? In the current case, the company has taken Desktops on Rent, and Deducted TDS @ 2%. no Arrangements have been made to carry it out till the end of the year