Sir/Ma'am,
Does renting of tea/coffee vending machine attract TDS u/s 194 I ?
Sir/Ma'am,
Does renting of tea/coffee vending machine attract TDS u/s 194 I ?
Hi
Yes @ 2% if amount paid is more than Rs.180000
TDS is to be deducted for the use of any machinery or plant or equipment @ 2%, if rent paid exceeds Rs.1,80,000/- during Financial Year
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
