Tds on rental car

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Querist : Anonymous

Querist : Anonymous (Querist)

22 January 2013 Dear sir/Madam,

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

Hemant Kumar (Expert)
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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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Hemant Kumar (Expert)
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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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