Tds

This query is : Resolved 

24 March 2015 whether TDS applicable for hire charge payments? if applicable means how much percentage?

24 March 2015 Hire Charges of what?

If hire charges paid for Plant & Machinery then TDS 2% u/s 194I if threshold limit of 180000/- p.a. is crossed.

If paid for any Land, Building or fitting @10% u/s 194I if threshold limit of 180000/- p.a. is crossed.


If PAN not provided 20% TDS to be deducted.

25 March 2015 hire charges depend on the nature
like on machinery & building come under u/s 194I.

for transporter hire come u/s 194C


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