TDS on Bull Dozer Hire charges
This query is : Resolved
jitendra goswami
(Querist)
10 October 2008
Dear All,
we will pay for bull dozer hire charges and the contractor made two bill one is for hire charges on time basis and one is for fuel and lubricants.
please suggest me at what rate of tds will be deducted and in which section
thanks
jitendra goswami
we will pay for bull dozer hire charges and the contractor made two bill one is for hire charges on time basis and one is for fuel and lubricants.
please suggest me at what rate of tds will be deducted and in which section
thanks
jitendra goswami
Shyam Lal Naik
(Expert)
10 October 2008
Hire Charge on time basis means hire charge for actual time the machine is put to use by the hirer. Then 194c as the payment is for carrying for carrying out any work.
If there is fixed monthly charges(whether machine is put to use, remain idle or over used during the material period, then 194I is applicable. This is what commonly understood as rent.
If there is fixed monthly charges(whether machine is put to use, remain idle or over used during the material period, then 194I is applicable. This is what commonly understood as rent.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
