applicability of incometax

[Guest]

sir,

i like to know that is incometax applicable for contingent bill towards supply of autos with mike sets on hire basis.

[CAGOPALJI AGRAWAL]

TDS provisions would be applicable.

AI Summary

TDS provisions apply to contingent hire payments for vehicles with public-address equipment, requiring withholding on such service payments. The issue is whether income tax applies to a contingent bill for supplying autos with microphone/public-address sets on hire; the operative reply states that TDS provisions are applicable, so such contingent hire payments are subject to withholding under the TDS framework for service payments.