Sec 194 c

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This query is : Resolved

Kardam Joshi (Querist)

06 February 2009 A is purchasing goods from B. B sends goods via road and pays freight. Then issues debit note for the freight amount. Who will be responsible for deduction of tax at source ?
I think B will be responsible on bare reading of the section. anyone with any other view ?

VISHAL KUMAR SHAW

VISHAL KUMAR SHAW (Expert)

06 February 2009 yes B will be responsible for deduction of TDS as the contarct is made about the freight with the transporter with B not A,hence the TDS deduction liab will be on B subject to all the provisions u/section 194c of income tax act1961

CHEZHIYAN

CHEZHIYAN (Expert)

06 February 2009 Yes B is Responsible for Deduction

vipin

vipin (Expert)

06 February 2009 Yes B is Responsible for Deduction

rds
cavipin garg
partner,
KVR & Co.
Chartered Accountants
B-2/1 Ashish Complex LSC,
New Rajdhani Enclave,
Vikas Marg Delhi-110092
kvrco@in.com
Tax, Assurance, Consultancy, ROC, STPI/ SEZ

Tel :011-22515695

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