TDS 194c

others 402 views 5 replies
If a company A is having a contract with other company B and now B raised invoice on A for equipment hire charges my query is whether we should deduct TDS u/s 194 c or 194 i
Replies (5)

If contract is for the lease of any equipment, deduct TDS u/s. 194I

If the contract of giving equipment is based on a lease or sub-lease or tenancy or any other agreement then TDS has to be deducted as per Section 194I of Income Tax Act because in such case the hire charges on equipment will be treated as payment of Rent.

 

Doesnt matter i guess, both are 2%

in case if it's 194 j under which section we should deduct tds

If u have a specific section for a type of expense ( comission, rent, profn fees) u always deduct tds under that specific section.

In any case the nature is unclear and not specific, then it seems ok to use 194C as a general section


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details