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For the A.Y 20010-2011, under sec 194C, TDS on Transporter is not to be deducted when a single bill amount do not exceeds Rs. 20000 or Rs. 50000 in total for the A.Y.
What will be the impact or the liability if there is a break journey that is
Goods Loaded @A unloaded @ B
Loaded @ B Unloaded @ C
and the amount paid exceeds Rs.20000 in a single bill as well as Rs. 50000 in that year.The whole amount is paid to the transporter and has provided his PAN Card at the time of payment.
Is there any liability towards the Assessee to deduct TDS on the payment to the Transporter????
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