Tds on lease rent paid

TDS 1048 views 1 replies

Want to know if any TDS is required to be deducted on Lease Rent paid under AS-19 for use of Plant & Machinery purchased, where vendor has charged VAT on the same.

Replies (1)

Yes, Tds is required to be deducted on lease rental under 194I, If the amt exceeds Rs 180,000 pa


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