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TDS on Lorry Hire charges

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(Querist)
18 June 2008 Can we cliam any exemption for non deduction for TDS on Lorry hire charges for sec.194C if exceeding Rs.50000.P.a
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CA. PRASAD

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CA. PRASAD (Expert)
18 June 2008 you may take a shelter of sec 194 I to the extent Rs. 1,20,000 by showing the hire charges as Rent.

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