Menu
Tds on lorry hire
Please confirm TDS decleration who can given in case of Transportation business who hire truck from outside and place for transportation.
Replies (3)
couldn't understand clearly,
but transporter if his fleet is less than 10 then he has to give a declaration to the hirer, so that he will not deduct tax on transportation company
but transporter if his fleet is less than 10 then he has to give a declaration to the hirer, so that he will not deduct tax on transportation company
DEAR PANKAJ SIR
YOU QUARY IS NOT CLAER
BUT IF YOU TAKE TRUCK ON HIRE FROM MARKET FOR TRANSPORATION BUSNIESS THAN YOU SHOULD TAKE A NON TDS DECLERATION FORM AND PAN CARD COPY FROM THE TRUCK ONWER HOW HAS NOT MORE THAN 10 TRUCKS .
BUT IF ANY TRUCK OWNER DO NOT PROVIDE TO TDS DECLERATION FORM ,THAN YOU ARE LIABLE TO DEDUCTE TDS FROM THERE PAYMENT .
IF YOU WANTS THAT YOU CLIENT DO NOT DEDUCTE TDS FROM YOU PAYMENT SO THAT YOU SHOULD ALSO SUMBIT A NON TDS DECLERATION FORM AND PAN CARD COPY TO YOU CLIENTS
GOOD LUCK
If payment made to more than 1 person from whom we hire truck them TDS certificate issued to whom
Recent Topic
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
Related Topics
CAclubindia
