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Tds on jcb hire

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2015 Dear experts,
plz let me know how much TDS we should deduct while making payment for jcb hiring



plz reply.
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CA John Abraham Austin ACA

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CA John Abraham Austin ACA (Expert)
19 September 2015 Yes. Under section 194 Ia. I.e, plant & machinery.
It will be a hiring of machinery/ contract.
You may treat in either way.
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