194c

Rishi verma (Paid up assistant) (47 Points)

15 June 2015  

Kindly intimate me about the query related to transporters

there comes a declaration on 1-06-2015 u/s 194c(6) for non dedution of tds

where it is prescibe dat no tds deducted where contracter NOT OWN more than 10 carriage as on date

now my query is that

is tds deducted on contractor who owns 9 trucks as on date but arranges from other person say,15 trucks in addition for goods carrying to the business of the payer??

kindly also define the word OWN

thanks in advance