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Tds on contractor
is there a limit on the amount above which TDS needs to be deducted on Transporter with respect to the provisions of Sec 194C (6), in effect from 1st June, 2015?
Replies (4)
If the amount exceeds 30,000/- in one transactions or 75000/- in a year, TDS is to be deducted u/s 194C
Thanks Saloni.
But if transporter gives declaration of having less than 10, vehicles and also PAN is furnished, then no TDS on transporters.
Even if the payment exceeds the limit
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