Tds u/s 194C

TDS 892 views 4 replies

Student

202 Points Joined November 2009

If the Assesse is a Company,

And it has paid hiring charges(for hiring a hall) say for 5 days to a particular party as it wantd to hold an exhibition.

Then whether the assessee i.e the company should deduct tds u/s 194C

Replies (4)

manager

33 Points Joined May 2009

Dear Mr Vishal

No in 94c it should be 94 i in excess of rs 180000/- @ rate if 10%(ie Rental Charges)

CA in Service

1144 Points Joined February 2010

NO, Company should deduct tds u/s 194I @ 10% if rent amount exceed to Rs 180000.

C A

43 Points Joined April 2008

Originally posted by : Vishal Khanvilkar
	If the Assesse is a Company, And it has paid hiring charges(for hiring a hall) say for 5 days to a particular party as it wantd to hold an exhibition. Then whether the assessee i.e the company should deduct tds u/s 194C