Tds -gta

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there is some change in the change in the TDS deduction requirement for GTA (more than 10 vehicles cases ) please provide me some guidence about the same along with notification no. for the aforesaid change
Replies (7)

Yes if Transporter having more than 10 vehicle please collect declatation from them and deduct 1% tds for indvidual and others 2%

Is their any change in the manner of presentation in TDS Return if we made payment  to transporter  and we are not deducting TDS becuase he does`t own more than 10 vehicle if yes , then please state the same .Thanks in advance .

Yes. you have to show in TDS return 0% deduction whoever not more than 10 vehicle. but you have to show total service charges value.if any doubt call me. 9844285925 

Yes. you have to show in TDS return 0% deduction whoever not more than 10 vehicle. but you have to show total service charges value.if any doubt call me. 9844285925 

but if they do`t have more than 10 vehicle 

you need not to deduct tds but you have to show 0% deduction and issue form16A to transporter.

sir please described to  me about the term Two Layer Investment u/s 186 of company Act 2013  with an example 


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