09 February 2019
we get transport facility from several transporter all having more than 10 vehicles but its bill amount not more than 30k and aggregated 75k than we are liable to deduct TDS from his bill amount. plz calrify . and what if they have less than 10 vehicle. Thanks
09 February 2019
In case, any transporter does not submit single invoice > Rs. 30K and total invoice value in FY does not exceed Rs. 1 lac, provision of TDS u/s 194C shall not be applicable. There will be no difference if transporter has Less than or More than 10 vehicles.