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Tds on 194c (6)

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Querist : Anonymous (Querist)
24 February 2012 what is the name of account to create when businessmen pay any amt or crediting the same to the account of contractor during the course of the business of plying,hiring or leasing goods carriages .?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
24 February 2012 i) Freight, if transporter is free to choose vehicle ,time of transportation etc.
ii) Hire charges,if a particular vehicle is hired without control and possession of the vehicle.
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