As per the amended section 194C, through Finance Act (2) of 2009, No deduction shall be made from any payments made to a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his PAN to the deductor.
This provision is applicable on payments made from October 01, 2009 to March 31, 2010.
if we are making payment or booking the bill in d month of oct,09 for the services rendered before oct,09, whether the tds shud be deducted on the same.
plz reply along with reasons
CAclubindia
