13 November 2014
if payment made to transporter, TDS is not required to be deducted if PAN no is provided to deductor. Then is it compulsory to show those parties in TDS return. If yes, the what are the penalties for non-compliance?
13 November 2014
You may get penalty under section 271H . . atleast 10,000 which can be exceed to 1lakh
mandatory to report details of transporters in tds returns . . https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp