19 July 2019
SIR, I HAVE A CAR , I RENT OUT TO A COMPANY IN DELHI , RENT MONTHLY 45000/- HE DEDUCT TDS @ 2% 900/ AND PAID IN BY BANK A/C AMT 44100/- HE DEDUCT TDS U/S 194 IA WHICH IS SHOW IN MY 26AS , THIS SECTION 194 IA IS CORRECT ? , IF NOT WHAT IS REMADY OF THIS MISTAKE ?
CO. ISSUE FORM 16A (TRACES) IN THIS FORM IN DESCRIPTION COLOUM & SECTION CODE SEC 194 I (a) is for PAYMENTOF RENT FOR THE USE OF ANY MACHINERY OR PLANT OR EQUIPMENT
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