05 January 2013
Dear expert friends, I have a querry...
Suppose I go to some rural area in India for office work by Office car(vehicle). There , on road I met in accident and I had to repair the car. I go to some roadby garagwala n ask him to repair the same. His dues amounted to in excess of say Rs. 40000/-. He was having small garage- not established , as we foound in rural areas.
Now , My querries are (1) whether I was required to deduct TDS u/s 194C? (2) and At what rate?
Expenses of repairs and maintenance are to be paid by company - whose vehicle it was.
And funny thing If I had asked the garagewala for his PAN no., he might not have known what it is( PAN)? and if I had deducted TDs @20% and paid him balance amount, he surely had broken that car again....
CAclubindia
