Hi all of you,
As a security company we hire security euipment on rental basis, in which TDS slab we are liable to deduct tds while payment. Please tell me.
Thanks
Sunil
Sunil Kumar Shrivas (Job) (232 Points)
04 August 2009Hi all of you,
As a security company we hire security euipment on rental basis, in which TDS slab we are liable to deduct tds while payment. Please tell me.
Thanks
Sunil
Gautam
(student)
(92 Points)
Replied 04 August 2009
TDS on Rent for macinery is 10% and for other i.e. land etc. is at 15% for HUF individual and 20% for others. In above case rate is 10%.Originally posted by :Tinku |
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" | Hi Sunil, TDS need to be deducted as per sec. 194 I @ 15% if the recepient is Indi./ HUF or 20%. |
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