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Tds deduction on payment made to parking lots

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19 September 2015 Respected All,

Our company had paid Rs. 1 lacs towards reservation in parking lots for vehicles of our company. My question here is while making payment am i supposed to deduct TDS u/s 194I or TCS U/s 206C. Please clarify my doubt regarding the same.

Thanking you in advance
Yajuvendra Rawat

19 September 2015 deduct under section 194I.

Why do you think 206C.....any clue?



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