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Tds rate

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2015 One Govt. Office rented a car on contract for office purpose for that they have to deduct tds on payment. but my confusion is which rate they have to deduct tds ?

is it 1% or 2% as contract ? or
is it 10% as rent ?

kindly solve ASAP
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
18 September 2015 had you took the car on monthly rental basis or just for one contract to go somewhere only
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
18 September 2015 if the car is taken as rent for months .. TDS should b deducted under TDS on rent




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