26 January 2010
This is with reference to amendment made in Sec 194C,wef 01.10.2009 i.e. no tax is to be deducted by the payer { in case of payment is made to transporter )if the payee submits his PAN number to the payer. In that case in which form/format the deducter has to file the detail with the I.T.Dept.When it is to be filed , to whom it is to be submitted & detaills of information which is to be submitted.Pl clarify.
26 January 2010
if transporter provides PAN then no need to deduct TDS. No need to send this detail to anybody. but make a data for this i.e. transporter name and PAN. Presently there is no requirement for submit this detail but in case of checking it will be helpful.