02 June 2010
Sir we are a public trust. we have entered in to a contract of Rs.55000/- per month with a travel agency for bringing our students daily from hostel to institute & back. Do we need to deduct TDS ? --from Bharat
The non deduction of TDS u/s 194C on furnishing of PAN applies only in case of contract for leasing, hiring or plying of goods carriage. Since in the instant case, the transportation facility is for students and not for goods, TDS has to be deducted at normal rate.
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