DEDUCTION

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student
114 Points Joined January 2009

WHAT IS THE TDS RATE FOR THE HIRE MACHINERY CHARGES FOR AN (P) LTD COMPANY

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On 15 April 2010 at 11:02 Report
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Asstt Manager (Accounts & Finance)
2998 Points Joined May 2009

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

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On 15 April 2010 at 11:10
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Accounts Manager
363 Points Joined October 2008

hi

 

u/s 194I Rent for plant and machinery 10% to be deduct the tds

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On 15 April 2010 at 14:36
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Accounts Manager
363 Points Joined October 2008

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

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On 15 April 2010 at 14:43
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CA FINAL+LLB + DISA
2299 Points Joined March 2010

dear it sholud be deducted by 2 % 

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On 19 April 2010 at 21:17


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