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TDS on Hire Charges for Plant & Machinery

This query is : Resolved 
 

(Querist)
06 December 2007

Dear Experts

Section 194C excludes TDS on hire charges, i want to know whether 194I is applicable for hire charges for Plant & Machinery...............


Pls reply soon


CA. O.P. Agarwalla (Expert)
06 December 2007

Pl. go through section 194-I and the explanation substituted w.e.f. 13.07.2006, u will find that 194I will also applicable for hire charges for Plant & Machinery.

KAUSTUBH M JOSHI (Expert)
06 December 2007

thanks sir

CA skmnair (Querist)
07 December 2007

thank u ji



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