TDS
This query is : Resolved
Prasenjit Nandi
(Querist)
07 February 2017
If a company hire generator from any other company/individual and also there was an agreement between them for providing generator then under which section TDS will be deductible. whether 194C or 194I??
CA DHAVAL MISTRY
(Expert)
08 February 2017
Dear Prasenjt,
TDS is to be deducted u/s 194I(A) as rent paid for plant and machinery (movables) and threshold limit is Rs. 1,80,000/-
TDS is to be deducted u/s 194I(A) as rent paid for plant and machinery (movables) and threshold limit is Rs. 1,80,000/-
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