Tds


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 August 2012 I want to know that whether TDS is charge on payment of lease rent of aeroplan ?
if yes at what rate ?
whether any circular for that ?

24 August 2012 Yes. It is applicable. rent for plant, machinery, equipment is covered under 194I. Else it can be covered under 194C. The safer route is 194I. If receiver of rent is not agreeable to this, please ask him to produce a certificate from ITO for lower or no deduction of TDS.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query