Section 194c transporter

This query is : Resolved 

01 June 2015 If the transporter does not own more then 10 Vehicle but hires the same and these are more then 10, whether Tds will be deducted @1/2%

01 June 2015 When transporter hires the vehicle TDS applicable @1/2%.

01 June 2015 i mean if he hires less then 10 vehicle, will tax be deducted? Because the word OWn is used?


01 June 2015 TDS applicable if he hires less than 10 vehicle. Rightly observed by you owning is the requirement.



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