Hi,
Please advise me which Rate & Section shall be applicable for TDS on Leased CAR.
Regards
Vinay
2 Replies
Yuvraj Singh
(Partner)
(47 Points)
Replied 10 July 2008
TDS on leased car will be deducted as like Contract i.e. 2% plus S.C. and E.C.
sujanapal
(Chartered Accountant)
(41 Points)
Replied 10 July 2008
hi
Payment on leased car will attract TDS u/s 194C
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