TDS rate., Income Tax

[Rajiv Soni]

Hiring of Taxi falls under 194I or 194C. What should be the TDS rate.

Posts / Replies

[Ranganath sHENOY]

Hiring of taxi will normally fall under Sec.194C.The Sec.194J will cover only those cases were you have taken the car on lease and the car is at your possesion and control during the period of contract.On contrast, simple hire will not allow you to retain possssion of the car