Applicability of VAT TDS on lease rentals

K.Balagurunathan (Service) (24 Points)

23 February 2011  

I want to have a clarification . Whether Tax is to be deducted at source on the consideration paid for hiring any equipment like crane , car , bus etc. for use in business , where the Contractor who is providing the said equipment etc. is situated in the same State as that of a VAT dealer .

 

If provisions are different in different States , especially Southern States and Maharashtra , would like to have the same.

 

Thanks and regards,