31 July 2015
sir/mam plz explain the clause 6 of transportation of the section 194 C with example as i m facing a confusion whether to deduct tax on transport business or not.
31 July 2015
If the transporter is owning not more than 10 goods transport vehicle, then no need to deduct TDS provided he provides PAN and declaration. Details are required to be furnished in the TDS return.