We Hire Charges of crane-hydra now what is TDS rate charge?

What is the rate of TDS for hire of Crane- Hydra and threshold?

Thanks

Dinesh Sutaria

Replies (4)
Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) applicable to hiring crane and hydra services. It is confirmed that TDS is applicable under Section 194I at a rate of 2%. This rate applies if the total rent paid for such equipment exceeds ₹2,40,000 in a financial year.

We are paying for Hire charges of Hydra - Crane, Can TDS applicable on it? What is the rate? under which section?

Inv value of Rs64000/-

 

Thanks

Dinesh Sutaria

I think TDS is not applicable
Tds is applicable u/s 194I @ 2% in case if aggregate amount of rent paid in a year exceeds 240000/-
Originally posted by : CA ABHAY GUPTA
Tds is applicable u/s 194I @ 2% in case if aggregate amount of rent paid in a year exceeds 240000/-

I also agree with @ Mr Gupta Ji

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details