Sir,
We pay the taxi hire charges Rs. 22500, Rs.25000 and Rs. 27000 every month. Tell me the amount of TDS to be deducted from these amount respectively.
Pardeep Kumar
3 Replies
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 05 January 2009
Rate of TDS willbe 2.06%, so the amount of TDS willbe Rs. 464, Rs. 515 and Rs. 556 respectively
CA Abhash Mishra
(Chartered Accountants)
(598 Points)
Replied 05 January 2009
it is a case of section 194I so that TDS will be deducted @ 10%
Atul Kumar
(CA)
(504 Points)
Replied 13 January 2009
TDS Shall be deducted u/s 194 I for Rs. 2318, Rs. 2575 & Rs. 2781 per month respectively.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
