Tds for transporter

TDS 634 views 1 replies

GTA Owned(legal owner) vehciles are less than 10, where as place vehcile of third party on commission basis apart from his own vehicles.As a service reciepent do we have to deduct TDS while making payment to Transporter.?

Owned Vehciles(Legal Title Owner)                         8 Vehciles

Placing 3rd Party Vehcile(covered by GC of GTA)   5 Vehicles

Total                                                                        13 vehciles.

 

Do we need to deduct TDS  in such case?

 

 

Replies (1)

Yes....... deemed owner of the leased vehicles....


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