TDS QUERY

Since the company has taken these equipments on hire, sec 194I is attracted for the purposes of TDS. Moreover, section 194C is general section vis a vis 194I which is specific.

In my view, sec 194I is applicable

In my point of view, If u have made any agreement with above company than 94C is applicable.

TDS will be deducted U/s 194I, the rate of TDS being 10% (plus surcharge and cess)

piyush 

If you are taken any contract agreement, it will be 194C or the tax section is 194I and rate also different in both cases.

194C 2% tax,  on invoice value and Sucharge 10% and Cess 3 % on tax value.

194I 10% tax,  on invoice value and Sucharge 10% and Cess 3 % on tax value.

what is the proccedure for tds refund????