Sec 194i of i t act-1961


This query is : Resolved 

03 July 2013 What is in the Sec 194I (a) & Sec 194I (b) of the I T Act-1961. please help.



Thanking you
Ashutosh Kr Jha

03 July 2013 194I(a) - apply 2 % tds rate for use of machinery, plant & equipments

194I(b) - apply 10 % tds rate for use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings:]]

04 July 2013 Thank you for your valuable reply sir.......

Ashutosh kr Jha


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