W.e.f. 01/06/2015, declaration to be taken from transporter if Transporter has No. of Vehicle 10 or less than 10 and if more than 10 then we have to deduct applicable TDS. In this regards I have following queries.
1. Most of transporters come from outside City/State, In this regards who sill sign the declaration, because owner of transport co. is sitting in his office.
2. If we get trucks from transport contractor who arranges trucks and send the vehicle with his LR (Transport Contractor) who will sign the declaration. Weather Transporter contractor or the owner. Also in this case to whom we have to debit the transport amount.
26 May 2015
1. by the actual owner of the transporter entity i.e in case of sole prop it will be the owner or in case of co the person authorised in this behalf by the co etc
In second point, I have concern with Transport Contractor. He arranges the truck for me and issue the LR of his firm. How can I know the owner. I have no contacts with owner and no any documents of owner.
CAclubindia
