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Tds u/s 194c or 194i

This query is : Resolved 

24 June 2014 we have hired Air Conditioner under contract....Sec 194I or 194C is applicable..
Repairs exp is born by the owner and contract period is for 3 months..

Please guide

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24 June 2014 sorry..... 194 I... i hadnt read properly previously

24 June 2014 Basis of your opinion?


24 June 2014 you take machinery on rent it fall u/s 194 I if you make rent exceeds Rs. 180000/- the you have to deduct the tds @ 2% .



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