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Tds rate u/s 194 i

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(Querist)
06 November 2012 TDS deduction rate on hire of Crane
Which rate is applicable u/s 94I WHETHER 2% OR 10 %
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
06 November 2012 It will be 2% u/s 194I
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CA Manish

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CA Manish (Expert)
06 November 2012 2% for Renting (Plant & Machinery , Equipment, furniture & fittings etc.)

10% for Renting (Land & building).

Therefore 2% in you case.
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