TDS applicability on Service through ECO
This query is : Resolved
14 November 2024
We as a private limited company provided service rent a car to driver or vendor for drive car on uber ECO as we have Uber Fleet. Also We recognised our Income as Total of Uber Earning And also show driver expenses as (Total of uber Earning - Rental Charges). & thereafter net rental amount recover from driver. If driver taking all cash trip then we recognised driver expenses as (Total of uber Earning - Rental Charges +/- Net of uber earning & cash trip collection).
Uber deduct TDS on Total of Uber Earning u/s 194O.
Here I want to know whether we liable to deduct TDS on driver expenses or any other amount or NOT ??
Uber deduct TDS on Total of Uber Earning u/s 194O.
Here I want to know whether we liable to deduct TDS on driver expenses or any other amount or NOT ??
15 November 2024
Better to deduct tax under 194 C. The said transaction is like subcontracting the work, So 194C is applicable.
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