Applicability of tds

This query is : Resolved 

13 September 2012 Whether TDS is applicable for the Transporter Transaction if transporter is Company ? PLS Provide Legal Ground.

13 September 2012 As per Section 194C of the Income Tax Act, TDS is NOT required to be deducted if the transporter provides the PAN.

This is irrespective of the status of the transporter.


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