Tds rate u/s 194 i

This query is : Resolved 

06 November 2012 TDS deduction rate on hire of Crane
Which rate is applicable u/s 94I WHETHER 2% OR 10 %

06 November 2012 It will be 2% u/s 194I

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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