20 December 2011
Sir We are TRanspoter, we use the service of container corporation of india fo carrying our goods through railway.they billed us as railway freight. my question is wether we are liable to deduct tds on payment made to them .? wether container corporation is exempt prabin
20 December 2011
TDS on payment made to CCI is not liable for Tax under section 194C, provided you have obtained the PAN card copy of CCI and the details are furnished in the quareterly return of the TDS statement.
CAclubindia
