https://www.taxtmi.com/article/detailed?id=5475 Payment for mere hire or letting out of vehicles or other plant and machinery is rent attracting TDS under section 194I where the hirer takes possession and control and uses the asset; where the provider retains possession and control and performs work using the asset and its personnel as a composite obligation, the payment is for a works contract and subject to section 194C. Classification depends on possession and control, who performs the work, and whether operators are employees or agents of the provider. en-us Wed, 12 Feb 2014 16:06:37 +0530 Wed, 12 Feb 2014 16:06:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5475 Payment for mere hire or letting out of vehicles or other plant and machinery is rent attracting TDS under section 194I where the hirer takes possession and control and uses the asset; where the provider retains possession and control and performs work using the asset and its personnel as a composite obligation, the payment is for a works contract and subject to section 194C. Classification depends on possession and control, who performs the work, and whether operators are employees or agents of the provider. Articles Income Tax Wed, 12 Feb 2014 16:06:37 +0530 https://www.taxtmi.com/article/detailed?id=5475