It is specified in the Circular No. 05/ 2010 issued by the CBDT that Transport operator in order to be exempted should be as defined u/s 44 AE ie, who should hold not more than 10 vehicles. In that case isn't it necessary to deduct TDS to a Transporter who is not covered u/s 44 AE even if he provides his PAN? Please reply. Advance Thanks,
CAclubindia
