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TDS on rentals for cctv cameras

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Kishan

Specialist

110 Points Posted on 31 March 2010

CCTV Cameras were hired for surveillance of currency in the exhibition held by RBI .

How can the expenditure be classified

1) Rent other than plant & machinery on which TDS @ 10% is applicable or

2)Rent - Plant & machinery on which TDS @ 2% is applicable.

Please help ... !!!!

Replies (2)

Rachit

Analyst

800 Points Posted on 31 March 2010

In my view CCTV cameras would fall under the category of Rent payable on furniture & fittings incl. electrical fittings. On which TDS @ 10% is applicable.

Kishan

Specialist

110 Points Posted on 31 March 2010

Originally posted by : Rachit
	In my view CCTV cameras would fall under the category of Rent payable on furniture & fittings incl. electrical fittings. On which TDS @ 10% is applicable.