06 November 2012
MY clients is a travel agent.He hires vehicle from individual car owner and engaged such car with Airtel,Nalco etc.Airtel,Nalco etc are dedcuting Tds on Payment to My client.But if my client want to deduct tds on payemnt to such individual car owner they are not agreing ,so any exemption is their in IT act.
Is there any way that one can argue that our client need to deduct tds u/s 194I because maximum car owner transaction during the year was less than 180000.So he has to convince very few car owner to deduct tds