Regarding tds
This query is : Resolved
09 January 2014
My question is How can a person be clasify a situation is covered U/s 194C or 194I.
suppose a peroson taken a building for leaving then, he can say he had made a contract suppose for 1 year and the other hand he can say that he is specifically covered u/s 194I because building is taken and any thing is given is called rent and it covered u/s 194I.
Kindly brief this situation.
suppose a peroson taken a building for leaving then, he can say he had made a contract suppose for 1 year and the other hand he can say that he is specifically covered u/s 194I because building is taken and any thing is given is called rent and it covered u/s 194I.
Kindly brief this situation.
09 January 2014
Rent/hiring is covered under sec.194I. such as land & building, plant & machinery, equipments will covered under 194I. other service nature of contract will cover under.194C
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- EPF FULL & FINAL RULES IN 2026
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Fixe term employment
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
