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.
CMA Ramesh Krishnan
(Expert)
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
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