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Tds on rental car

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 January 2013 Dear sir/Madam,

We have hired car for one day. on such transaction TDS is applicable or not.


22 January 2013 Yes... TDS Should be deducted under section 194C. Thereshold limit is 30000 single transaction and 75000 aggregate in year.

22 January 2013 Yes... TDS Should be deducted under section 194C. Thereshold limit is 30000 single transaction and 75000 aggregate in year.


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