Tds on transport charges whether u/s. 194c or 194i ?
This query is : Resolved
08 June 2014
Hello everyone,
one of my client avails services of buses and taxis for transportation of shooting material from once place to another.
My question :
Tax should be deducted at source u/s. 194 ie. contractor or u/s. 194I i.e. hire charges.
There is no contract/agreement between them.
waiting for the views of the experts.
one of my client avails services of buses and taxis for transportation of shooting material from once place to another.
My question :
Tax should be deducted at source u/s. 194 ie. contractor or u/s. 194I i.e. hire charges.
There is no contract/agreement between them.
waiting for the views of the experts.
08 June 2014
should normally be under 194C only unless and until the whole of the bus is taken on rent for the whole of the period exclusively.
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Guest
Guest
(Expert)
08 June 2014
194 c... no chance in ur case of others...
08 June 2014
If your client only bearing petrol,driver salary and other maintainance costs of buses and paying a fixed rent to bus owner then TDS can be done under 194I other cases 194C
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Message likes :
1 times
08 June 2014
my client is paying fixed sum to the owner.
08 June 2014
If your client only taking care of bus maintainance expences say,driver salary and petrol and other you may take it as 194I
09 June 2014
tds deduclable u/s 194C for use of bus/ transport. if you take onle vehicle on rent w/o driver and fule . then tds will deductible u./s 194I.
10 June 2014
if fixed sum is paid then tds u/s 194I is applicable for rent.
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