TDS ON GOODS TRANSPORT AGENCY WHO HIRE VEHICLE FORM MARKET


This query is : Resolved 

Quick Summary
If a goods transport agency hires vehicles from the market, TDS is applicable if their total operation, including hired vehicles, exceeds 10. The ownership of the vehicles is not the deciding factor for TDS applicability. It's crucial to deduct TDS in such scenarios to prevent future liabilities.

(Querist)
24 May 2022 GOODS TRANSPORT AGENCY HAVE LESS THAN 10 VEHICLE BUT THEY ALSO HIRE VEHICLE FORM MARKET. THEY GIVE DECLARATION FOR NON DEDUCTION OF TDS AS THEY HAVE LESS THAN 10 VEHICLE.
IN THAT CASE TDS IS DEDUCTABLE OR NOT?


25 May 2022 In that case TDS is applicable as they operate more than 10 vehicles.

25 May 2022 Yes, TDS will be applicable because they operate more than ten vehicles. Ownership of the car will not play much importance.

25 May 2022 Deduct TDS and avoid your future burden of any liability.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details