WHAT IS THE TDS RATE FOR THE HIRE MACHINERY CHARGES FOR AN (P) LTD COMPANY
Menu
DEDUCTION
Replies (4)
TDS U/S 194 I APPLY.
194I Rent-Plant / Machinery
| up to 30.06.10 | wef 01.07.10 | Rate in % | |
| 120000 | 180000 | 2 | 2 |
regards,
ratan
hi
u/s 194I Rent for plant and machinery 10% to be deduct the tds
hi
refer the Ready Reckoner Rent paid before 1.6.2007 but upto 30.9.2009
plant and machinery or equipment 194I 10% (for domestic company)
Rent of plant and machinery or equipment after 1.10.2009 194I 2% (for domestic company)
further refer the Ready Reckoner (page Ixix) Dr.avadhesh ojha & CA.Manoj Gupta
dear it sholud be deducted by 2 %
Recent Topic
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
Related Topics
CAclubindia
