Concrete carrying charges includes Rent of Transit Mixers p.m, Driver's salary, Diesel cost.
Whether Concrete carrying charges paid to Transit mixers is:
1) Rent for plant & machinery u/s 194I or,
2)Freight u/s 194C.
Can anybody clarify?
Bharat.
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Rent on transit mixers ( concrete carriers)
Replies (1)
You need to deduct tax u/s 194C. as its a composite bill, if they bill separately case would be different.
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