Car rent tds

This query is : Resolved 

01 January 2014 dear sir,
TDs is applicale if my firm is taking car on Rent?

01 January 2014 yes under sec 194C.

if deductee is individual /huf - 1%
if others -2%

01 January 2014 Sir,
is it right the TDS is applicable coz i heard that TDS is not applicable in current revised applicable taxes

01 January 2014 no it is applicable its confirmed....


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