194i

This query is : Resolved 

31 May 2011 whether tds will be deductable u/s 194I if storage charges is being paid on tanks taken for storage of chemicals.whether such tanks included in definition of equipment

01 June 2011 It is a sort of 'warehousing charges' to be liable for deduction u/s 194I vide circular no 718 dated 22/8/1995.

06 June 2011 Yes TDS is applicable u/s 194I


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