TDS ON CAR HIRE CHARGES

This query is : Resolved 

07 August 2010 TDS ON CAR HIRE CHARGABLE OR NOT

07 August 2010 Yes deduct TDS u/s 194C.

Rate:
Individual / huf @1%
Others 2%

07 August 2010 THANK U SIR

07 August 2010 If its a taxi usage kind of hiring > section 194 C will apply

TDS @ 1 % on Individual / HUF
TDS @ 2 % on Others

But if the car is being hired for certain period where the fuel etc cost are being borne by the user, then it will come under 194 I.

TDS @ 2 % for all.


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