Please Help: taxation(TDS)
Posted Date : 19-Feb-2015 , 03:36:18 pm | Posted By Mannu Goyal
whether it is necessary that deductor should be transport operator to claim exemption from tax deduction u/s 194C(6)??
Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 94


Comments
Aditya Goel
19-Feb-2015 , 06:34:22 pmDeductor/Assessee not necessarily be a Transport Operator. Recipient of Income/Contractor on whose income, TDS to be deducted by Assessee needs to be a Transport Operator. If Transport Operator provides PAN then Assessee is not required to deduct TDS but needs to file a nil return.