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 Topics :
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
Related Topics :
CAclubindia
