TDS is to be deducted under section 194C if payment is made to transporters and no TDS has to be deducted if the number of good carriages owned by the concerned transporter is not more than 10 and also he furnishes a declaration for the same along with his PAN.
TDS is to be deducted under section 194C if payment is made to transporters and no TDS has to be deducted if the number of good carriages owned by the concerned transporter is not more than 10 and also he furnishes a declaration for the same along with his PAN.