can anybody tell me what is the difference between machine taken on hire and machine taken on rent. If there there is any diff. then what would be the applicable rates of TDS.
Menu
difference between rent and hire charges
Replies (1)
When you take over (without ownership)something for a short period of usage it is taking on hire. When you take over something for a longer period of usage it is taking on lease. Both the cases the consideration you pay is rent (either in the form of hire charges or lease rent).
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
