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    <title>Hire charges towards vehicle rent to spouse - Tds applicability</title>
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    <description>Payments characterized as vehicle hire to a spouse are subject to tax deduction at source. The applicable TDS rate changed with effect from 01.10.2009; prior to that change a higher withholding rate applied where aggregate annual hire payments exceeded the statutory threshold. The payer must deduct TDS at the prescribed rate applicable to hire of movable property when making such payments to a spouse.</description>
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      <title>Hire charges towards vehicle rent to spouse - Tds applicability</title>
      <link>https://www.taxtmi.com/forum/issue?id=1672</link>
      <description>Payments characterized as vehicle hire to a spouse are subject to tax deduction at source. The applicable TDS rate changed with effect from 01.10.2009; prior to that change a higher withholding rate applied where aggregate annual hire payments exceeded the statutory threshold. The payer must deduct TDS at the prescribed rate applicable to hire of movable property when making such payments to a spouse.</description>
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      <pubDate>Wed, 30 Dec 2009 10:45:10 +0530</pubDate>
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