TaxTMI 
TaxTMI 
Sir,
Whether vehicle taken on rent/ hire require to be deducted TDS u/s 194C or 194I?
Please give case law if possible.
TDS on vehicle rent / hire
15 Oct 2010 
2 Replies 
8609 Views Asked by
TDS classification for vehicle hire depends on possession and payment pattern; fixed monthly rent treated as rent category.
TDS treatment for vehicle rent or hire hinges on contract terms, possession and payment frequency: episodic hire with possession retained by owner falls under contracting/hire classification, while fixed monthly rent with continuous possession by the taker falls under rent/lease classification. (AI Summary)
TDS treatment for vehicle rent or hire hinges on contract terms, possession and payment frequency: episodic hire with possession retained by owner falls under contracting/hire classification, while fixed monthly rent with continuous possession by the taker falls under rent/lease classification. (AI Summary)