TDS on car taken on rent
This query is : Resolved
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ABHISHEK KUMAR
(Querist)
03 April 2021
under wich section Tds will be deducte if car taken on rent by the company
Nikhil Kaushik
(Expert)
05 April 2021
you need to deduct under section 194-I
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ABHISHEK KUMAR
(Querist)
07 April 2021
AT what rate TDS will be deducted
Nikhil Kaushik
(Expert)
07 April 2021
already guided you abhishek. Now read the relevant section.
also go through this ruling - https://taxguru.in/income-tax/tds-on-hired-vehicles-u-s-194i-or-under-194c.html
also go through this ruling - https://taxguru.in/income-tax/tds-on-hired-vehicles-u-s-194i-or-under-194c.html
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