194C Specifically exclueds TDS on payment to any persons made by State Road transport for hiring of Buses. then under what section tds has to be deucted at what rate.
1 Replies
Sunil
(Trader)
(2611 Points)
Replied 19 October 2009
Logically it is the other way round. I think a State RTC is Government and if you hire a bus from the State RTC you are not to deduct TDS from what you pay to them. If they are paying a private bus owner to deploy a private bus on their stage carriage rout, they will deduct tax u/s 194C and then pay the private bus owner.
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