tds on rental

1160 views 2 replies

hi i am into computer rentals business and i rent out computers in hyderabad all the companys are deducting tds , i have heard from 01st oct there is change of tds deducted its been changed to 1% for proprietorship and 2% for companys

 

Please let me know if it is true can ihave the go number or the section number

 

thanx

phani ranka

939 000 7474

Replies (2)

TDS on Rent U/s 194I with effect from 01.10.2009

for the use of any machinery or plant or equipment:         2%

for the use of any land or building or furniture or fittings for all persons:        10%

No surcharge, Edu. cess & secondary and higher edu. cess during the financial year 2009-10.

Thanks..........Important Information

Is there any changes in the rate of TDS in case of transportation charges also??

Please update soon......

Regards

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