18 October 2008
WHETHER TDS WAS APPLICABLE IN CASE OF INDIVIDUALS HAVING TAX AUDIT FOR PAYMENT TO TRANSPORT CONTACTOR FOR FY 2006-07 FINANCE ACT 2002 TO 2006 194C MENTIONS ONLY SUB CONTRACTOR
19 October 2008
TDS u/s 194C was not applicable to Individuals (other than being a sub -contractor) for the FY 2006-07.Hence payment to transport contractors for FY 2006-07 by an individual does not attract the Provisions of Sec 194C. NO TDS required to be deducted