One of my client have a rice co. & in a day it pay consolidate freight in excess of Rs. 35000.00 for different trucks having different Gr's. but single PAN i.e of truck owner. Drivers doesn't have their individual PAN.
Now plz clarify me whether that limit of Rs. 35000.00 is for single PAN or for individual trucks.
e.g freight paid to 1 truck driver is Rs. 20000 & another truck driver is Rs. 18000 but both have a single PAN.
22 May 2014
Thanks but i want to confirm whether that limit of Rs 35000.00 is for a single PAN or for single BILTY ???? To whom we have consider a single payee driver whom we have freight in cash or truck owner whose name we mention in TDS return ????