TDS on Transporter


This query is : Resolved 

(Querist)
08 June 2010 Hi,
can anybody send me a copy of notification of I.T.Dept. regarding no tds liability on transporter w.e.f.01/10/2009 if he gives pan no.

08 June 2010 Please read the provision of Section 194C subsection (6)of the Income Tax Act.

08 June 2010 agreed

194C(6)
No deduction shall be made from any sum credited or paid or likely to be credited or paid during the previous year to the account of a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his Permanent Account Number, to the person paying or crediting such sum


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