Bus Hiring Classified u/s 194C, Not Section 194-I, for TDS Deductions in Indian Income Tax Act.

Bus Hiring Classified u/s 194C, Not Section 194-I, for TDS Deductions in Indian Income Tax Act. https://www.taxtmi.com/highlights?id=21182 Hiring of buses treated as hiring of machinery U/S 194-I or u/s 194C – owner was responsible for running cost, maintenance, driver cost and other incidental charges like accident etc. - it is not a case of renting of plan and machinery - TDS to be deducted u/s 194C - AT en-us Fri, 26 Dec 2014 08:49:18 +0530 Fri, 26 Dec 2014 08:49:18 +0530 TaxTMI RSS Generator Bus Hiring Classified u/s 194C, Not Section 194-I, for TDS Deductions in Indian Income Tax Act. https://www.taxtmi.com/highlights?id=21182 Hiring of buses treated as hiring of machinery U/S 194-I or u/s 194C – owner was responsible for running cost, maintenance, driver cost and other incidental charges like accident etc. - it is not a case of renting of plan and machinery - TDS to be deducted u/s 194C - AT Highlights Income Tax Fri, 26 Dec 2014 08:49:18 +0530 https://www.taxtmi.com/highlights?id=21182