Tds rate and section for offsite vault services

This query is : Resolved 

17 June 2015 Hi
I need a help on TDS rate and section for obtaining Offsite Vault Services . We have signed a contract with vendor
Please help
BR
Manjiree

17 June 2015 sec 194I tds shall be applicable in this case only if the rent amount is more then 180,000 p.a

17 June 2015 Thank you for the update Tushar
But what about contract?

17 June 2015 you are taking the vault on rental basis so sec 194I is applicable and there is no "works contract " as defined under sec 194C explanation,

17 June 2015 ok Thank you so much for your advice

17 June 2015 you are welcome manjiree................


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