If a company makes payment to a transporter of Rs. 10000 (below limit), and the transporter does not have PAN number. Then does the company have to do TDS from such payment?
Also the section of TDS no where mentions the limit for transporter. It justs says that if the transporter does not have PAN then TDS has to be deducted and if he has PAN then there is no need to deduct TDS.
08 October 2010
please check the limits under 194C here the transporter not touches dt limit so no need to deduct TDS even though he dnt provide you d PAN