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Form 15 I -Non Ded. of TDS ??

TDS 1023 views 1 replies

Whether Transporter can giv Form 15 I to deductor for non deduction of TDS or it is to be given by sub contractor to his contractor if he owns 2 trucks ???plz explain

Replies (1)

Hi friend,

Form 15 I is relevent for Sub contractors who saticify the following conditions -

1) He is an individual engaged in Plying, Leasing and hiring of tucks....                                                      

2) He has not owned more than 2 trucks at any time during the previous year.

If he saticify the above conditions he can submit Form 15 I to the payer (Contractor).

Form 15 J is relevent for Contractors who receives Form 15 I from sub contractors who saticify the above 2 conditions.


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