15 January 2010
WHEN YOU PAID AGAINST TRANSPORT BILL EVEN YOU PAID LUMPSUM OVER RS.20,000/- YOU HAVE TO DEDUCT TDS...BUT IN THE END TOTAL PAYMENT & TDS% WILL BE SAME % OF DEDUCTION W.E.F 1.10.09 TRANSPORTER SUBMIT ITS PAN THEN NO DEDUCTION IN CASE OF NON SUBMISSION THEN 20% DEDUCTION.