Tds

This query is : Resolved 

19 October 2011 Sir, I take lorry on hire and run them. My accounts are audited. I made payment to three persons as lorry hire charges Rs. 10,00,000/-each. They furnished their PAN Cards. Whether I am Required To Deduct TDS on Payments made to them

19 October 2011 YES YOU ARE REQUIRED TO DEDUCT TDS IRRESPECTIVE FURNISHED PAN NO.....TDS ARE NOT REQUIRED TO BE DEDUCT ONLY IN CASE OF TRANSPORTER IF PAN NO FURNISHED BY HIM



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