A. Y. 2017-18
1.If an individual is owning less than 10 trucks but aggregate value of billing for transportation to one party exceeds 1lacs..will tds u/s 194C vl b deducted?
2.Further, if anyone is hiring ND NOT OWNING trucks nd using it for plying, hiring or leasing goods carriages..vl tds u/s 194c vl b deducted?
Is ownership of trucks mandatory for claiming exemption from tds?
1. No......
2. No declaration........ TDS applicable.........
Declartion mandatory,,,,,,,
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