24 March 2009
We regularly send goods through a lorry trasnportor and pay freight Rs80000/-, we have not any type of contract, Whether we shall deduct TDS?
24 March 2009
I would like to submit the copy of judgment in cae of CIT V. Rajiv Udyog 227 ITR 209 (MP) for penalty proceedings. Please mail me, if you have the judgment copy at the earliest.
25 March 2009
Existence of contract need not be in written form. Since the freight is being paid regularly that presupposes existence of the contract. Therefore TDS is deductible.
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