TDS on renting machine
This query is : Resolved
26 March 2010
When we get a xerox machine for rent what will be the TDS when it is brought in contract @ copies printed. and also about hiring a generator for a month and oil charges are to be paid by us and the payment made through cheque on indiviual name.
26 March 2010
In 1st case you should deduct TDS as per TDS rate for contractor and in 2nd case you should deduct TDS as per rate for Rent of P/M.
Message likes :
1 times
26 March 2010
agree with expert
26 March 2010
In the cases of Xeorox machine taken on rent basis and the rent is not fixed but contingent upon a particular percentage of number of copies printed
TDS provision shall be similar to that of contract ( 2%)
And second case TDS shall be applicable for rent
TDS provision shall be similar to that of contract ( 2%)
And second case TDS shall be applicable for rent
26 March 2010
first case -194C
Second case -194I
Second case -194I
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Long Term Service award taxability in hands of company
- Free lancer income
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
