we are running a call center. we provide cab facility to the employees to pick n drop them. my ques is whether we are required to deduct tds on cab hire charges if the deductee has provided a valid pan??
the exemption as provided in section 194C is not eligible in your case, as the same is applicable only if the payment is made to transporter for plying, hiring of goods.
The facility is provided to employees, Accordingly, TDS will be deducted @2%.
CAclubindia
