I believe that in budget'09, tds is not required to be deducted on transport expenses, if transporter provides PAN to the deductor. is it true?if yes, then what will be the requirement of filing Form No. 15I and 15J for non-deduction of tax in case of transporters??
Wait for the announcement by CBDT very soon...
U hv to provide details of PAN of transporter to whom pyts were made without TDS.
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