Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 December 2015 Sir,

i am carrying a Transport Business in which i have to always pay to hire charges to the Drivers or player of vehicles and also i have to paid local workers in the head of loading/unloading charges. Because it's a nature of business.
so there is any case that will help me to produce the income tax authority to that by it's nature it's not possible for us to paid by cheques or deduct TDS.

Please tell me in detail.

Your cooperation will be highly appreciated for me.

Thanking you,
Yours truly

Guest

Guest (Expert)

31 December 2015 If your turnover is less than 1 Crore, and if you dont own more than 10 Lorry, then you can pay tax on income computed @ 5000 per month per carriage without worrying about payment of cash or cheque.