TDS on vehicle rent / hire

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..... Sir, Whether vehicle taken on rent/ hire require to be deducted TDS u/s 194C or 194I ? Please give case law if possible. - Reply By GOPALJI AGRAWAL - The Reply = The terms of the agreement wo .....

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..... uld decided the fate. It may fall u/s 194C if the possession remains with the owner and section 194I(a) otherwise. - Reply By CA Rachit Agarwal - The Reply = If the vehicle is taken on monthly b .....

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..... asis, and fixed rent is paid then it would get covered under Section 194I , however if the vehicle taken on hire is on basis on requirements as when required then it would fall under 194C .. - TDS .....

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..... on vehicle rent / hire - Query Started By: - Hemant Pandit Dated:- 15-10-2010 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio .....

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..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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