Tds applicability on tempo service

TDS 3062 views 1 replies

Dear Friends,

Our Comapny has Hire Local Tempo Service on Monthly Basis. Kindly advice for TDS applicability.

Monthly Hire Charges Rs.35000/- P.M. and Vendor has submitted PAN No.

Please gide me.

Reagrds,

Viren

 

 

 

Replies (1)

TDS PROVISIONS WILL BE ATTRACTED ON YOU YOU IF YOU PAY MORE THAN 180000 AS RENT IN A FINANCIAL YEAR IT MEANS IF YOU PAY MORE THAN RS 15000 MONTHLY YOU HAVE TO DEDUCTED TDS US 194 I @ 2% ON WHOLE PAYMENT YOU DONE IN A FINANCIAL YEAR


CCI Pro

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