194 I or 194C

as the computer falls under the head plant as per the defination given in the income tax , the hire charges on the computers will be taxable under section 194 I and not under section 194C .

further, in the new budget the rate of deduction on hire charges of the plant was changed to 10% from 15% or 20%.


if any one have the different view , can share their view with the logical reasons.

The One Says:

In a discussion regarding equipment hire charges it was stated that based on whether it was hiring out or rendering a service by making available the equipment would be the factor for deciding applicability of 194I or 194C. Similar view can be taken here.