What is intermediate machinery?

What is the Rental tax on Machinery? if it is 2,35,000.00/anum?

  • 1. Machinery on Hire? What is the Tax Applicable. 2. What % of Deduction[TDS] on Bill? if the Bill Value is 235000.00

  • Answer:

    The rate of tax is normal as applicable for individual, firms and companies as the assessee concerned . You may claim depreciation on the machinery as well another expenses . The TDS rate is as applicable for rental to individual or corporate .

Annappa G at Yahoo! Answers Visit the source

Was this solution helpful to you?

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.