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Tds on lease rental payable to finance company

This query is : Resolved 

06 April 2012 our co has buy certain equipments (Movable) on lease. after 5 year payment of lease rental equipment will be sold to us @ 1 rs per equipment. i want to know in which section tds needs to be deducted i.e. u/s 194A or 194-I.

07 April 2012 Dear Section 194A is for Only Interest
194I applicable for your case


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