Dear all,
As per new amendments in Section 194C of Incometax Act., in budget 2015.
If transporter having pan number, and not received the single payment of 30,000/- and not received the agregate of 75,000/- or above in the financial year.
AND "IF TRANSPORTER NOT FURNISH THE DECLARATION TO DEDUCTOR, THAT HE HAVE LESS THAN 10 VEHCLES".
Is tds to be deducted or not?
CAclubindia
