TDS Deduction on Freight Payment to Supplier

TDS / TCS 3887 views 7 replies

PATNANA RAMESH

MANAGER (INDIRECT TAXATION)

28 Points Posted on 20 October 2008

we have placed order for supply of certain eqipment to on supplier also we agreed to pay the transportion charges to him in lumsum, the supplier given us ths bill for supply also he made a bebit note for the transporation charges in this situation:

we have to dedut the TDS on the transportation charges or not

Regards

P.RAMESH

Replies (7)

Ram Avtar Singh

Nagari Sultanpur U.P.Delhi

15539 Points Posted on 20 October 2008

Originally posted by :PATNANA RAMESH
"	we have placed order for supply of certain eqipment to on supplier also we agreed to pay the transportion charges to him in lumsum, the supplier given us ths bill for supply also he made a bebit note for the transporation charges in this situation: we have to dedut the TDS on the transportation charges or not Regards P.RAMESH	"

No TDS on reimbursement

PATNANA RAMESH

MANAGER (INDIRECT TAXATION)

28 Points Posted on 20 October 2008

Originally posted by :PATNANA RAMESH
"	we have placed order for supply of certain eqipment to on supplier also we agreed to pay the transportion charges to him in lumsum, the supplier given us ths bill for supply also he made a bebit note for the transporation charges in this situation: we have to dedut the TDS on the transportation charges or not Regards P.RAMESH	"

vijayabhaskarareddy

finance manager

148 Points Posted on 20 October 2008

yes you have deduct tds on bill which he is raising on you

Narendra Kumar Vanigota

Income tax Consultant

49 Points Posted on 06 June 2009

WE HAVE RECD FORM NO 15G/15H FROM THE PARTIES, BUT WE HAVE NOT SUBMITTED THE SAME IN THE INCOME TAX DEPARTMENT ON DUE DATE I.E. 07.04.09. WHETHER THE INTEREST ON WHICH TAX NOT DEDUCTED BY US IS TREATED AS OUR INCOME? OR WE CAN FILE THE FORM 15G / 15H NOW ? EVEN AFTER THE DUE DATE ? PLEASE ADVISE US WITH CASE LAW OR SECTIONS.

NARENDRA

Prashant Nayak

Employee

28 Points Posted on 18 September 2009

Dear Vijay Bhaskar Reddy Sir,

Suppose supplier has deducted TDS while paying the freight to Transporter, then whether TDS u/s 194C will attracted on reimbursement of such freight to supplier ? Also please quote Circulars or Case Laws if any.

Prashant

Ast. Manager

33 Points Posted on 02 February 2010

Hi,

Does anybody have copy of the latest notification? Published in October;09?

Please revert.

Thanks & regards,

Prashant

shivakumar S

Accountant

21 Points Posted on 14 February 2015

Dear Sir, Assessee ( Civil contractor ) pays transportation charges to various transporters in the F Y 2011-12 and all the transporters furnishes their pan to the assesse and assess files tds return of nil. myquestion is whether assesse is liable to deduct tds of transporters ?????/