Tds on car lease rent

This query is : Resolved 

25 October 2011 cAN ANYONE TELL ME WHAT IS THE RATE OF TDS ON RENT PAID ON CAR LEASE RENT?

25 October 2011 Applicable Sec 194I.

Rate 2%.

Threshold limit Rs 1.80 Lacs per annum.

25 October 2011 Applicable Section is 194I, rate@2%, threshold limit Rs.1.80per annum.


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