TMI BlogDEDUCTION OF TDSX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, A company is hiring taxi services from an individual the bill in respect of which for the financial year 2011-12 is about Rs. 100000/-. I want to know whether the company is requ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ired to deduct tds on same or not. If, it is required to deduct tds, please tell under which section it should be deducted. - Reply By kolasi raghu - The Reply = The Compan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y is Required to deduct TDS U/S 194C . the Rate is2%. - Reply By HARSHA JOSHI - The Reply = TDS u/s 194c will applicable otherwise section 194I is to be deducted @1%, if payee is an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... individual. however, first verify the terms of the car hire agreement to confirm the applicability of Section 194c will applicable otherwise section 194I . if section 194I is applicable, then ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... no TDS till Rs.180,000/-. - DEDUCTION OF TDS - Query Started By: - S.C. WADHWA Dated:- 2-7-2012 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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