banner_ad

Tds on hired car

375 views 5 replies
User Avatar

14 Points Posted on 09 September 2019
I'm working in govt Corp. I had paid travel agency for hired Car Rs.4930/- & GST 5% Total Bill Rs.4930 + 246.5=5176.5/-.
So which amount is applicable for TDS deduction? means Gst included or except?
Reply Share Follow
On 09 September 2019 at 20:30 Report
Replies (5)
User Avatar

525 Points Posted on 09 September 2019
TDS not to be deducted on GST Amount if u r eligible to deduct tax at source under any section.
further in your case, if you are in purview of 44AB then u need to deduct tax at source in 194I at 2% if total rent to be paid exceeds INR 2,40,000 as per finance act 2019.
2 Reply
On 09 September 2019 at 20:39
User Avatar

14 Points Posted on 09 September 2019
ok but without GST amount tds deduct 2% u/s 194c. is it correct?
Reply
On 09 September 2019 at 21:53
User Avatar

banglore
1496 Points Posted on 09 September 2019
1% if supplier is individual/HUF otherwise 2%
6 Reply
On 09 September 2019 at 23:32
User Avatar

17264 Points Posted on 09 September 2019
@ Pramod Raut

Hiring of vehicles does not fall within the ambit of Section 194C of the Act.

TDS requirement is under 194I @ 2% provided the aggregate payment exceeds 2.40 lakhs per year (limit applicable to each hiring party)

TDS on invoice value before GST component.
101 Reply
On 09 September 2019 at 23:35
User Avatar

Profession Business
28207 Points Posted on 10 September 2019
hiring of vehicle does not fall within the ambit of Sec 194C .
Inspite of all the limits organizations deduct tax at source.
44 Reply
On 10 September 2019 at 08:29


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details