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tds

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(Querist)
05 September 2010 whether Reimb of Running Expenses on KM basis
in a Car hire Agreement taken Car on Hire for One year will attracts TDS or Not . If tds to be deducted Under what Section ?

Car hire also mentioned in the same Agreement
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 September 2010 yes. it is nature of contract and attract sec.194C
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
05 September 2010 agreed, car hiring is subject to tds u/s 194C.



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Deepak Goel

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Deepak Goel (Expert)
05 September 2010 Agree with experts

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