Your Question is Not in Full......

But If Transporter id Individual or HUF  & 44AB is Not Applicable to Him.then No Need to Deduct TDS & No Need to Take Number also....

& if Its other Than Above, then TDS to Be deducted & Number for TAN shud be Applied........

& Take PAN number from them..& File TDS return & deduct TDS.......

Originally posted by : AYUSH AGRAWAL
	Your Question is Not in Full...... But If Transporter id Individual or HUF  & 44AB is Not Applicable to Him.then No Need to Deduct TDS & No Need to Take Number also.... & if Its other Than Above, then TDS to Be deducted & Number for TAN shud be Applied........ & Take PAN number from them..& File TDS return & deduct TDS.......

 Thanks Ayush,

Just need to knw, suppose i collect PAN from the vehicle owners and dont deduct TDS on paymetns made to them.

But still then i will have to apply for TAN, and submit NIL returns ?

dear all

how can i prepare balance sheet of limited company

Dear Nikhil,

Click  on the below link to get knowledge regarding preparation of Financial Statement.

This link will be absolutely helpful for u.

https://www.va-interactive.com/inbusiness/editorial/finance/intemp/balance.html

enjoy life....

keep smiling..

regards,

ratan

Hello Dear friends,

My Company has deducted TDS in a case where there was no liability to deduct the same. What are the repercussions  or consequences in this case. Is there any liability on company arises for wrongly deducting the TDS .

Regards

Preety