Happy Day
We are bought innova car for lease rent to owner personal use and product deliver to customer. The lease rental payment is auto debited mode.
Now we want to now know the car lease rent is applicable for TDS, if applicable what is the section.
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 07 June 2021
TDS should be deducted under section 194I
veerendar singh
(tax consultant)
(3301 Points)
Replied 07 June 2021
194i will apply.
please give more details regarding the lease amount.
please give more details regarding the lease amount.
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