Whether TDS will be deducted on the amount which is paid to contractor for hiring taxi.... such taxi are used for delievering the news paper... ? if yes, under which section or notification ? ?
neeraj (Job) (66 Points)
16 January 2012Whether TDS will be deducted on the amount which is paid to contractor for hiring taxi.... such taxi are used for delievering the news paper... ? if yes, under which section or notification ? ?
praveen
(Chartered Accountant)
(6971 Points)
Replied 16 January 2012
I think it will be a transporter contract and hence no tax will be deductible if you can obtain the PAN of the taxi hirer.
Vineet Goyal
(Assistant Manager - Finance & Accounts)
(702 Points)
Replied 16 January 2012
I do agree with Praveen.