a firm engaged in the field of construction, they availed services of JCB operators amounting to Rs.10 lakh, whether TDS provisions applicable if yes, under which section it is being charged whether 194 I or 194 C; if no why it is being not made
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Tds for jcb operators
Replies (4)
this will charged under section 194C
Agree with above i.e [S.194 C]
Since you are availing the services of JCB operators and have not obtained machines on rent
This could be evident even from the contract between the parties, the contract would be of rendering of service of JCB and not a rent agreement for JCB
Agree with above under section 194C
Whether TDS is deutible under scetion 194C or 194I would depend on terms of contract. If the contract is for executing construction work, 194C will apply. If contract is for taking the machine(JCB) on rent, then 194-I would apply.
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