If the Assesse is a Company,
And it has paid hiring charges(for hiring a hall) say for 5 days to a particular party as it wantd to hold an exhibition.
Then whether the assessee i.e the company should deduct tds u/s 194C
Vishal Khanvilkar (Student) (202 Points)
06 January 2011If the Assesse is a Company,
And it has paid hiring charges(for hiring a hall) say for 5 days to a particular party as it wantd to hold an exhibition.
Then whether the assessee i.e the company should deduct tds u/s 194C
m janakiraman
(manager)
(33 Points)
Replied 06 January 2011
Dear Mr Vishal
No in 94c it should be 94 i in excess of rs 180000/- @ rate if 10%(ie Rental Charges)
Vikas Marele
(CA in Service)
(1144 Points)
Replied 06 January 2011
NO, Company should deduct tds u/s 194I @ 10% if rent amount exceed to Rs 180000.
mukesh jha
( C A)
(43 Points)
Replied 06 January 2011
| Originally posted by : Vishal Khanvilkar | ||
 |
If the Assesse is a Company, And it has paid hiring charges(for hiring a hall) say for 5 days to a particular party as it wantd to hold an exhibition. Then whether the assessee i.e the company should deduct tds u/s 194C |
 |
i agree with m jankiraman
CA MAULIK
(C.A)
(937 Points)
Replied 06 January 2011
| Originally posted by : Vikas Marele | ||
|
|
NO, Company should deduct tds u/s 194I @ 10% if rent amount exceed to Rs 180000. |
|
i agree with him
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