Whether TDS is exempted on payment of transportation charges to all transporters or only to transport operators u/s 44AE? As per circular no 052010 issued by CBDT, TDS on payment made to transport operators is exempt provided transporter shows PAN.
2 Replies
CMA.Jayashree
(Senior Accounts Officer)
(39 Points)
Replied 14 January 2012
Any body please explain.Iam also having the same doubt.
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 18 January 2012
NO TDS has to be deducted if Transporter provides his PAN during the time of payment.
All Transporters are covered within this exemption.
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