TDS ON CAR HIRE CHARGES

TDS 821 views 2 replies

HEY FRIENDS 

PLEASE REPLY ME ASAP

 

COMPANY HAS PAID TAXI HIRE CHARGES AND BUS HIRE CHARGES TO A PERSON. TDS SHOULD BE DEDUCTED UNDER SECTION 194 C OR 194 I ?  

GIVE ME PROPER EXPLANATION WITH ALL APPLICABLE CIRCULER............

THANKS IN ADVANCE

 

 

 

Replies (2)

you have not mantioned the period of hire, 

in general its transport service so sec 194C applies

COMPANY HAS PAID HIRE CHARGES IN THE MONTH OF DECEMBER,,,

 

AND I THINK TDS SHOULD BE DEDUCTED U/S 194 I (RENT PLANT MACHINERY ) W.E.F. 1 JULY 2010.

 

THANKS


CCI Pro

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