If transport union or association is arranging trucks to the company and submit bill in a firm's name. Does payment to this firm be made after deducting TDS?
Rajendra Prasad K (Vice President - Finance) (30 Points)
14 February 2016If transport union or association is arranging trucks to the company and submit bill in a firm's name. Does payment to this firm be made after deducting TDS?
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 15 February 2016
From Company point of view - Yes
Form association point of view - No, because just it is acting as an agent between the firm and the company..