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Conflict of two tds sections 194c & 194i

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anup khorasiya

anup khorasiya (Querist)
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13 June 2012 what is the correct rate of tds if the bill is for taking machine(crane) on rent on contract basis for doing fob work on construction site.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 June 2012 2% under section 194I

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