Tds on repairs and maintenence of vehicle
This query is : Resolved
05 January 2013
Dear expert friends,
I have a querry...
Suppose I go to some rural area in India for office work by Office car(vehicle).
There , on road I met in accident and I had to repair the car. I go to some roadby garagwala n ask him to repair the same. His dues amounted to in excess of say Rs. 40000/-. He was having small garage- not established , as we foound in rural areas.
Now , My querries are (1) whether I was required to deduct TDS u/s 194C?
(2) and At what rate?
Expenses of repairs and maintenance are to be paid by company - whose vehicle it was.
And funny thing If I had asked the garagewala for his PAN no., he might not have known what it is( PAN)? and if
I had deducted TDs @20% and paid him balance amount, he surely had broken that car again....
Expert friends, waiting for your reply...
I have a querry...
Suppose I go to some rural area in India for office work by Office car(vehicle).
There , on road I met in accident and I had to repair the car. I go to some roadby garagwala n ask him to repair the same. His dues amounted to in excess of say Rs. 40000/-. He was having small garage- not established , as we foound in rural areas.
Now , My querries are (1) whether I was required to deduct TDS u/s 194C?
(2) and At what rate?
Expenses of repairs and maintenance are to be paid by company - whose vehicle it was.
And funny thing If I had asked the garagewala for his PAN no., he might not have known what it is( PAN)? and if
I had deducted TDs @20% and paid him balance amount, he surely had broken that car again....
Expert friends, waiting for your reply...
05 January 2013
TDS Not required because Single transaction that supplier
05 January 2013
............................
16 January 2013
First pay from your pocket and then claim re-imbursement from the company as the company is not directly invloved in this matter.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Is online PGCE worth it?
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
