I am a passenger bus service provider. I am providing bus services to a company. while providing services I took 2 buses from some other person. The company has paid me money after deducting TDS. Do I also have to deduct TDS while paying the money of the vendors from whom I took the buses?
22 December 2018
Yes, as per Section S.194-C(iv) "work" shall include— (c) carriage of goods or passengers by any mode of transport other than by railways;
If you had taken the buses on rent then your supplier might have charged tax u/s 194-I.