TaxTMI 
TaxTMI 
TDS ON HIRED VECHICLE
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....DS ON HIRED VECHICLE<br> Query (Issue) Started By: - Rajeev Khulbe Dated:- 7-6-2016 Last Reply Date:- 7-6-2016 Income Tax<br>Got 3 Replies<br>Income Tax<br>GOOD AFTERNOON TO ALL MY GREAT EXPERTS, TOD....
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....AY I AGAIN CAME HARE TO GET YOUR VALUABLE REPLIES, SIR WE HIRED A VECHICLE ( MAHINDRA PICK UP) FOR OUR FINISHED GOODS DELIVERED FROM FACTORY TO CUSTMOR PLACE. MONTHLY RENT IS 38500 / MONTH. SIR MY QU....
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....ERY ONLY THAT 1- WILL THIS SERVICE CAME UNDER GTA 2 WILL I DEDUCT TDS U/S 194C(6) @ 1% OR 2 % IF TRANSPORTER WILL NOT PROVIDE ME ANY DECLERATION FOR NOT OWNING MORE THEN 10 HEAVY OR LIGHT VECHICLE.....
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.... THANKS Reply By KASTURI SETHI: The Reply: Sh.Rajiv Khulbe Ji, Answer to your Query No.1 is Yes. Query no. 2 does not pertain to me, it being related to Income Tax Act which is not my field. Rep....
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....ly By Rajeev Khulbe: The Reply: THANKS SIR Reply By Ganeshan Kalyani: The Reply: Sir 1% TDS if transporter is individual /HUG, otherwise 2%. Thanks.<br> Discussion Forum - Knowledge Sharing ....