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Tds

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(Querist)
06 June 2015 In case of transport business, a transporter hires truck from broker and is not directly dealing with the transporter who owns the truck, is he still required to deduct TDS u/s 194C??
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 June 2015 Yes TDS required to be deducted u/s 194C subject to threshold limit.

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