tds ON MACCHINE RENT


This query is : Resolved 

(Querist)
02 April 2008 IF WE DO NOT RECEIVED THE AMOUNT OF MACHINERY RENT AND LABOUR CHARGES SEPARATELY, WHAT WILL BE THE TDS RATE?

Amit Sharma (Expert)
02 April 2008 If the same party is providing Machine as well as labour then it will attract TDS under Profession deducting @ 11.33%.

03 April 2008 Mr. Gupta,

Please provide more details of the job/work/contract. Your case should fall under either 194C or 194I.


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