Tds on boat hire charges

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

R S Pandi

R S Pandi (Querist)

27 March 2019 sorry sir,

Monthly rent Rs.1,00,000/-

how much % TDS Should i deduct from the boat hire charges.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

28 March 2019 Deduct 2% under section 194c

R S Pandi

R S Pandi (Querist)

28 March 2019 Dear Seetharaman Sir,

Thanks for your reply.

I have a doubt on this. We have made agreement with individual person not with company for boat hire charges.

We are paying Rs.1,00,000/- monthly rent as per agreement.

R S Pandi

R S Pandi (Querist)

28 March 2019 Dear Seetharaman Sir,

Thanks for your reply. I have a doubt on this. We have made agreement with individual person not with company or firm for boat hire charges.

We are paying Rs.1,00,000/- monthly rent as per agreement.

TDS % ???? on boat hire charges.

Pls don't mind.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

28 March 2019 TDS 2% applicable on renting of machinery and equipment.

Message likes : 1 times

R S Pandi

R S Pandi (Querist)

28 March 2019 Thank u very much sir.

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