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 ... !!!!
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.
| Originally posted by : Rachit | ||
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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. |
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thanq Rachit
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