Taxi hire

361 views 1 replies

employee hired taxi during travel for office purpose

company paid taxi amount to employee

whether company is under obligation to deduct tds

Replies (1)
Payment to transporter of passengers wil cum under section 194c payment to contractors... The company has to deduct tds if a single payment exceeds Rs 30000 or aggregate payment in F Y exceeds Rs 75000. TDS RATES: 1% Incase of Ind and Huf, 2% in case of others

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