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

TDS / TCS 3250 views 4 replies

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

Thanks

Dinesh Sutaria

Replies (4)

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


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