HI all,
suppose a company is organising a conference in a Hotel and hires some Audio visual equipments for organising the event for say Rs 60,000, from a third party.
does the company have to deduct tax under section 194C for the bill amount, if yes at what rate.
Thanks
Raj
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TDS u/s 194C for hiring A/V equipments
Replies (3)
The One Says:
Explanation III to Sec 194C includes "catering" - thus the hotel expenses if for this use would be covered therein
Equipment hire is now covered by Sec. 194I.
Other opinions are welcome
Explanation III to Sec 194C includes "catering" - thus the hotel expenses if for this use would be covered therein
Equipment hire is now covered by Sec. 194I.
Other opinions are welcome
Hi all
Please clarify
If TDS certificates pertains to preceeding previous years eg:year ending 31.
03.04 then is it possible to claim during the current year eg:31.03.07 in the computation of Income
No. the relating section is 194I and which says that if you make payment for hiring any equipment and the total aggregate payment during the period(12months) excees rs.180000 then you have to make tds at the rate of 2% to the payee. in the given case it is not applicable becuase the total payment is less than the limit of rs.180000
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08 September 2026
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