TAXI SERVICE FOR TRAVELLING EXPENSES
This query is : Resolved
M. Senthilnathan
(Querist)
14 December 2019
Dear Sir/Mam
Taxi Service for travelling expenses TDS will be applicable?
Taxi Service for travelling expenses TDS will be applicable?
Umesh Kundara
(Expert)
15 December 2019
It is covered under section 194C of IT act 1961, If taxi service is on contract basis and either annual payment is more than Rs 1 lacs or single payment is more than Rs. 30,000/- TDS is to be deducted by 1% in case of individual or HUF (2% in case of firm of company).
M. Senthilnathan
(Querist)
17 December 2019
Thank you sir for your valuable reply
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
- GST on reimbursement of expenses
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Whether output tax is taken credit by purchaser
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
