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 Topics :
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
Related Topics :
CAclubindia
