TDS on transporter
adarsh (student) (27 Points)
25 February 2017so does my client need to pay TDS on bills before December and if yes penalty and interest will also be charged???
adarsh (student) (27 Points)
25 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161231 Points)
Replied 26 February 2017
No. TDS liability arises only after truck owner crossing 10 Trucks, i.e. from December.
adarsh
(student)
(27 Points)
Replied 26 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161231 Points)
Replied 26 February 2017
TDS can be paid to treausery on monthly or quarterly basis, file e-return and after issue of form 16B, it can be asked for reimbursement.