Tds on lorry hire

205 views 3 replies
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

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register