Tds

This query is : Resolved

Rupali yadav (Querist)
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03 February 2016 a transporter submitted declaration of not holding of more than 10 trucks hence assessee has not deducted TDS till October but on the first day of November he had revoked his declaration hence in nov and dec assessee made payment after deduction of TDS.
Now my query is how to provide status of transporter while filling the tds return whether declaration received or not because in oct he has not deducted the TDS but In NOV and DEC he deducted the TDS of the same Transporter.

Ganeshbabu K

Ganeshbabu K (Expert)
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03 February 2016 You need to deduct TDS on payment to him in october also,as per 194C(6) nil deduction allowed only when he holds 10 or less than 10 in any time during previous year,
So pay tds with interest for october payments also and deduct tds in forthcoming payment to contractor