Rate of income tax on hiring of vehicles

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krishna (Querist)
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16 August 2013 We hire vehicles for our work on regular basis on a fixed rate for a certain period of time. Apart from this, the diesel, engine oil, parking charges, toll taxes are reimbursed as per actual. The diesel is reimbursed @ 12 Kms per ltr and Engine Oil is reimbursed @ 500 km per ltr.
Should we have to deduct the Income tax @ 1% on the hire charges or the total amount of bill paid to the contract which includes the reimbursement on account of diesel, engine oil, toll tax, parking charges etc. Pl clarify

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 August 2013 Tds should not be deducted on reimbursement of exp.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 August 2013 futher tds will be deductible u/s 194-I.

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