Tds on repairs and maintenence of vehicle
This query is : Resolved
CA M Indani
(Querist)
05 January 2013
Dear expert friends,
I have a querry...
Suppose I go to some rural area in India for office work by Office car(vehicle).
There , on road I met in accident and I had to repair the car. I go to some roadby garagwala n ask him to repair the same. His dues amounted to in excess of say Rs. 40000/-. He was having small garage- not established , as we foound in rural areas.
Now , My querries are (1) whether I was required to deduct TDS u/s 194C?
(2) and At what rate?
Expenses of repairs and maintenance are to be paid by company - whose vehicle it was.
And funny thing If I had asked the garagewala for his PAN no., he might not have known what it is( PAN)? and if
I had deducted TDs @20% and paid him balance amount, he surely had broken that car again....
Expert friends, waiting for your reply...
I have a querry...
Suppose I go to some rural area in India for office work by Office car(vehicle).
There , on road I met in accident and I had to repair the car. I go to some roadby garagwala n ask him to repair the same. His dues amounted to in excess of say Rs. 40000/-. He was having small garage- not established , as we foound in rural areas.
Now , My querries are (1) whether I was required to deduct TDS u/s 194C?
(2) and At what rate?
Expenses of repairs and maintenance are to be paid by company - whose vehicle it was.
And funny thing If I had asked the garagewala for his PAN no., he might not have known what it is( PAN)? and if
I had deducted TDs @20% and paid him balance amount, he surely had broken that car again....
Expert friends, waiting for your reply...
Trinadharao Adigarla
(Expert)
05 January 2013
TDS Not required because Single transaction that supplier
CA M Indani
(Querist)
05 January 2013
............................
16 January 2013
First pay from your pocket and then claim re-imbursement from the company as the company is not directly invloved in this matter.
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