tds on transportor
This query is : Resolved
07 November 2008
HELLO FRIENDS,
tHE INDUSTRY IN WHICH I'M WORKING IS SUCH THAT WE HAVE TO FREQUENTLY MAKE PAYMENTS TO TRANSPORTERS HAVING BILTY/GR OF SOME TRANSPORT UNIONS.
1. THE MAJOR PROBLEM IS THAT THE DRIVERS DONOT PROVIDE THE PAN NO OF UNION/SELF.
THE REASON FOR THAT THE TRANSPORT UNIONS MIGHT BE FAKE/TEMPORARY. MOREOVER THEY SAYS THAT THEY DON'T NEED FORM 16 FOR TDS DEDUCTION.
SO WHAT IS THE SOLUTION TO THE PROBLEM.
2. THE DRIVERS DEMAND CASH PAYMENTS AS THEY DON'T HAVE BANK ACCOUNTS.
BUT, WE CAN'T MAKE CASH PAYMENT EXCEEDING 20,000 IN CASH.
SO WHAT IS THE SOLUTION TO THE PROBLEM
tHE INDUSTRY IN WHICH I'M WORKING IS SUCH THAT WE HAVE TO FREQUENTLY MAKE PAYMENTS TO TRANSPORTERS HAVING BILTY/GR OF SOME TRANSPORT UNIONS.
1. THE MAJOR PROBLEM IS THAT THE DRIVERS DONOT PROVIDE THE PAN NO OF UNION/SELF.
THE REASON FOR THAT THE TRANSPORT UNIONS MIGHT BE FAKE/TEMPORARY. MOREOVER THEY SAYS THAT THEY DON'T NEED FORM 16 FOR TDS DEDUCTION.
SO WHAT IS THE SOLUTION TO THE PROBLEM.
2. THE DRIVERS DEMAND CASH PAYMENTS AS THEY DON'T HAVE BANK ACCOUNTS.
BUT, WE CAN'T MAKE CASH PAYMENT EXCEEDING 20,000 IN CASH.
SO WHAT IS THE SOLUTION TO THE PROBLEM
07 November 2008
xx
08 November 2008
It does not absolve of you of the responsibility from TDS. This administratve problem you have to handle yourself.
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