Regarding tds deduction on payment to cfa
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2013
we are a proprieetorship firm and appoint a cfa for all custom clearance formallities. cfa produce mainly three types of bill to us
1. agency charges bill include service tax
2. for all exp like payment of custom duty,handling charges, stamp duty,ammendment charges etc
3. for transportation charges (port to our warehouse)
now my question -whether tds liability on above all bill payment ?
also please tell me limit for tds .
thanks to all
1. agency charges bill include service tax
2. for all exp like payment of custom duty,handling charges, stamp duty,ammendment charges etc
3. for transportation charges (port to our warehouse)
now my question -whether tds liability on above all bill payment ?
also please tell me limit for tds .
thanks to all
Ganeshbabu K
(Expert)
24 May 2013
TDS 194C APPLICABLE FOR CFA
no pan: 20%
threshold limit
single bill 30000 and total credits in financial year 75000
1)TDS Applicable only on agency charges including on servicetax
2) TDS not applicable to re-imbursement expences provided there is a seperate bill and actual invoices are provided by cfa agent.
3)tds applicable on transportation of goods from port to ware house.
no pan: 20%
threshold limit
single bill 30000 and total credits in financial year 75000
1)TDS Applicable only on agency charges including on servicetax
2) TDS not applicable to re-imbursement expences provided there is a seperate bill and actual invoices are provided by cfa agent.
3)tds applicable on transportation of goods from port to ware house.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
