banner_ad

TDS U/s. 194C or 194I

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 October 2008 My company has taken a goods carriage vehicle on hire for a year on contract, the rent payable is weekly.

Suggest me whether the TDS is deducted U/s.194C (Contract) or U/s.194I (Rent)????
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
06 October 2008 It is 194C.
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
06 October 2008 u/s 194C if the running and maintainence cost is born by the Owner(Contractor).
Profile Image

UMESH BHATTAR

Profile Image

UMESH BHATTAR (Querist)
06 October 2008 you both have again made me confused ?????????/
Profile Image

UMESH BHATTAR

Profile Image

UMESH BHATTAR (Querist)
06 October 2008 you both have again made me confused ??????
Profile Image

UMESH BHATTAR

Profile Image

UMESH BHATTAR (Querist)
06 October 2008 thanks
Profile Image

UMESH BHATTAR

Profile Image

UMESH BHATTAR (Querist)
06 October 2008 But what if the diesel expenses is borne by me but all repairing expenses is borne by the owner
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
06 October 2008 In case the control on vehicle is with the owner and he is engaged for the carriage of goods and passengers and all running cost is met by the owner then Tax is to be deducted u/s 194C. However, if the control is with the contractee then the tax is deductible u/s 194I.
Profile Image

O.D.SHARMA

Profile Image

O.D.SHARMA (Expert)
06 October 2008 Dear,
If the repair & maintanence of vehicle is lies on the Owner then go for TDS U/S 194c else U/S 194 I
Profile Image

CA Bosu babu

Profile Image

CA Bosu babu (Expert)
07 October 2008 i Agree with Ramesh & Sharma
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
10 October 2008 Yes that is the correct view.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details