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Tds deduct % rate in hired vehicles

TDS 390 views 1 replies

Hi to all , 

Pls gide to me deduct the TDS on hire charges on passenger vehicles, company give the work order excluding disel cost in this case i m deduct the  TDS whole amount are deduct only cost of Hire charges rate .

Exm: part rase the bill for Rs 100 for hre charges and Rs 10/- diesel cost in this case i m deduct TDS on amount Rs 110/- or Rs 100/-

please give the soluation ...

Replies (1)

Dear , TDS will attract only on Rs.100.00 on hire under 194 C instead of Rs.110.00

 

Also take others opinion Please


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