TDS u/s 194 C & I
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2010
what is the right section for charging TDS on Hire vehicle whether 194 C or 194 I ,if there is a contract between owner and service receiver that owner will receive a lamb-sum of Rs 30,000/- P.M.
11 May 2010
My view is that in the given case , TDS will be deducted u/s 194C as TDS on Contract.
However, if the vehicles are given for the exclusive use of the vehicles only for the person hiring the vehicle , then it may be treated as Rent, otherwise it is will be termes as on contract basis.......
Experts views are solicited.......
However, if the vehicles are given for the exclusive use of the vehicles only for the person hiring the vehicle , then it may be treated as Rent, otherwise it is will be termes as on contract basis.......
Experts views are solicited.......
Message likes :
1 times
11 May 2010
Pl. check the following link-
http://taxworry.com/what-is-the-difference-between-194c-194i/
http://taxworry.com/what-is-the-difference-between-194c-194i/
Message likes :
2 times
16 May 2010
i think 194 C would be applicable as in sec 194 I machine is mention not vehicle
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
