Hiring service

TDS 467 views 5 replies
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Working with CA firm
117 Points Joined February 2013

i have hired some cars and dumpars on monthly rentel.

under which section i should deduct TDS either 194C or 194I

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On 07 February 2013 at 11:43 Report
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B.com CA CS
1552 Points Joined October 2007

Since Car & dumpars comes under plant & machinery definition, TDS to be made under 194I @ 2%.

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On 07 February 2013 at 13:00
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article trainee
22 Points Joined July 2012

HOW U CAN SAY THAT IT IS COME UNDER PLANT AND MACHINARY ???

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On 08 February 2013 at 18:22
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B.com CA CS
1552 Points Joined October 2007
Well, if u read 43(3) plant definition includes vehicles..
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On 08 February 2013 at 18:50
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B.com CA CS
1552 Points Joined October 2007
Hence car & dumpers are covered under plant & machinery definition.
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On 08 February 2013 at 18:54
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B.com CA CS
1552 Points Joined October 2007
Hence car & dumpers are covered under plant & machinery definition.
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On 08 February 2013 at 18:55


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