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Controversy btwn S194C & S194I

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(Querist)
30 June 2008 Whether hiring of car(Tata Sumo)/bus will atribute Sec-194C or Sec-194I(Rent on Plant & Machinery)in case of
1.hiring on monthly basis?
2.hiring on daily basis?
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Sakshi Gumbar

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Sakshi Gumbar (Expert)
30 June 2008 194C
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C.rajesh

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C.rajesh (Expert)
01 July 2008 First car, vehicles etc., does not come under Plant and Machinery. So there no need to apply sec.194I. Sec.194C apply where payment exceeds the prescribed limits.
Interpret section correctly.
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