30 September 2009
from 01 Oct onwards As per section 194 C : If the Transport contractors engaged in the business of plying, hiring or leasing goods carriages -No TDS would be deducted from thier Bill.
As we are a tour operator & hire tranport from our transporter for the entire tour of our forign clients, in that case will we deduct TDS from our transporter bill or the captioned amendment would be applicable.
CAclubindia
