What is difference
This query is : Resolved
28 July 2015
What is difference between Vehicle Owner and Transporter
If Transporter getting vehciles from vehicle owner and arranging vehicle to a company, then who will issue the declaration for non deduction TDS owner or Transporter. In this case, contract is between company and Transporter and Transporter is issuing LR.
If Transporter getting vehciles from vehicle owner and arranging vehicle to a company, then who will issue the declaration for non deduction TDS owner or Transporter. In this case, contract is between company and Transporter and Transporter is issuing LR.
28 July 2015
Only vehicle owners can issue declaration for non deduction of TDS. In this case transporter can't issue declaration hence TDS applicable.
Message likes :
1 times
16 January 2016
In case of a Transporter having 4 vehicles and issuing declaration for non deduction of TDS. He also arranges vehicles from out side, then TDS is be deducted or not.
17 January 2016
If he is hiring the vehicles then TDS applicable. TDS declaration can be issued by only Assesses eligible for assessment u/s 44AE.
18 January 2016
Thank you sir,
One more question in this regards, some of them is issuing declaration stating that they are eligible u/s 44AE even though they have only less than 10 vehicles but arranges vehicles from out side.
One more question in this regards, some of them is issuing declaration stating that they are eligible u/s 44AE even though they have only less than 10 vehicles but arranges vehicles from out side.
18 January 2016
44AE applicable only to persons owning the trucks. The declaration is issued wrongly.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- LIC Annuity received under Jeevan Akshay Scheme
- In Exports Sales HSN details where to fill
- Form 10BD Filling
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
