Rule6dd for tansport
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2011
As per rule 6dd payment >20000 in cash is disallow but as per amendment in rule 6dd for transport expenses cash payment allow up to Rs.35000.
Therefore my question is that if I am pay freight for 2 truck Rs.30000/- each and I dose not know that there is same proprietor both truck.
Is transport expenses is disallow to me as I pay Rs.60000/- in one day to same party as I dose not know that there is same proprietor for both truck ????
give me ans as soon as possible with proper reference in book or proper link.
Therefore my question is that if I am pay freight for 2 truck Rs.30000/- each and I dose not know that there is same proprietor both truck.
Is transport expenses is disallow to me as I pay Rs.60000/- in one day to same party as I dose not know that there is same proprietor for both truck ????
give me ans as soon as possible with proper reference in book or proper link.
07 August 2011
when you are paying in cash, you have to have pan card of transport otherwise you have to deduct 20% TDS, here you have in knowledge about ownership of the tranports
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
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Value of property in capital gain
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Transporter Declaration form
- Copyright software
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
