Anil Kumar Vijayvargiya (Director) (37 Points)
10 May 2016
D J M
(Chartered Accountant)
(35 Points)
Replied 10 May 2016
TDS shall not be deducted on payments to transporter if the following conditions are satisfied;
1. Transporter mentions his PAN in the Lorry Receipt/ Way bill.
2. Trasnporter gives a declaration that he does not own more than 10 vehicles.
In case of payments in excess of Rs. 35,000/-, it is better to make payment to trnasporter by an account payee cheque
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