Contractor payment TDS exemptions apply to qualifying small transport operators and personal-purpose payments by individuals or Hindu Undivided Families.

No deduction of tax at source applies to qualifying payments to small transport contractors where the payment concerns goods carriages, the contractor owns no more than ten goods carriages during the tax year, provides a declaration and Permanent Account Number, and the payer furnishes prescribed particulars within the prescribed time. No tax is also deductible from payments made by an individual or Hindu Undivided Family exclusively for personal purposes.

---

---

---