Tds on car hire
This query is : Resolved
05 June 2014
WE HAVE RECEIVED BILLS OF RS. 76000/- FOR CAR HIRE FROM COMPANY NAME A-1 STAR CAR TRAVEL, WHAT IS THE RATE OF TDS ?
Amol S Joglekar
(Expert)
05 June 2014
use sec 194 C------ 2% or 1 % as the case may be.
Amol S Joglekar
(Expert)
05 June 2014
company 2 %, individual 1 %
Amol S Joglekar
(Expert)
05 June 2014
ask the concerned. And if it is an examination question....then write as above......if A1 star is individual...the rate is 1% and if it is company...the rate is 2%
Amol S Joglekar
(Expert)
05 June 2014
Praful.....it is irritating now...you spoon feeder.....how can i find whether Praful is girl or boy?......I will call Praful and ask....it is that simple....hahahahaha.. Sameway find out from the BILL/INVOICE.....if that is not there.....whom r u going to pay?..... your views please.....
05 June 2014
SERIOUSLY , IF IT IS PROPRITORY CONCERN THEN WE HAVE TO CONSIDER AS A INDIVIDUAL ?
Amol S Joglekar
(Expert)
05 June 2014
absolutely right my dear....u got it right.Anything else....please go ahead...
Amol S Joglekar
(Expert)
05 June 2014
no no no....no disturbance at all...In fact I appreciate your follow up. Keep it up.
My only request would be, be more elborative yet specific in your query so that u can get the quick answer. Spomewhere in this query, u lost the track.....there has to have the BILL/INVOICE by A 1 star.... on which mostly address and tel no must be there.... u r going to make the payment...at that time u can ensure whether it is proprietory...is it not?.....so much so....please also bear it in mind....if it does not have the PAN, the TDS would be heavy...ok?
My only request would be, be more elborative yet specific in your query so that u can get the quick answer. Spomewhere in this query, u lost the track.....there has to have the BILL/INVOICE by A 1 star.... on which mostly address and tel no must be there.... u r going to make the payment...at that time u can ensure whether it is proprietory...is it not?.....so much so....please also bear it in mind....if it does not have the PAN, the TDS would be heavy...ok?
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