tds on transporters
This query is : Resolved
Rajinder Ahuja
(Querist)
13 February 2010
Sir
WEf 1-10-2009 Transporters are exempted from income tax
Sir, i want to know that Shipping Agencies comes under this category or not
WEf 1-10-2009 Transporters are exempted from income tax
Sir, i want to know that Shipping Agencies comes under this category or not
Aditya Maheshwari
(Expert)
13 February 2010
No they are not included in this category.
The expressions “goods carriage†and “heavy goods vehicle†shall have the meanings respectively assigned to them in section 2 of the Motor Vehicles Act, 1988 (59 of 1988);
The expressions “goods carriage†and “heavy goods vehicle†shall have the meanings respectively assigned to them in section 2 of the Motor Vehicles Act, 1988 (59 of 1988);
CMA Ramesh Krishnan
(Expert)
13 February 2010
Shipping agency are not covered under Transporter, Resident shipping agency is covered under 194C
Rajinder Ahuja
(Querist)
16 February 2010
Thanks
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