Tds on trasporter
This query is : Resolved
06 October 2018
Section 194C
If the transporter (small) is not owning more than 10 goods carriage at any time during the previous year, then deductor has to obtain a declaration from transporter along with the copy of a PAN.
What would be the obligation of Recipient of such service and pay them in a financial year more than Rs.100000 ?
If the transporter (small) is not owning more than 10 goods carriage at any time during the previous year, then deductor has to obtain a declaration from transporter along with the copy of a PAN.
What would be the obligation of Recipient of such service and pay them in a financial year more than Rs.100000 ?
06 October 2018
There is no further obligation for receipient of service.
06 October 2018
but our auditor is saying to deduct TDS if you pay Rs.100000 or more in a financial year, so some confusion in this regards.
07 October 2018
No confusion no need to deduct TDS on obtaining declaration irrespective of quantum of payment.
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