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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Taxation on LTCG for property sold after 24JUL2024
- GST Registration Horse racing
- Small dealers gst returns filing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
