Tds
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 October 2013
what is the definition of Transporter for TDS u/s 194c
Ganeshbabu K
(Expert)
12 October 2013
NO TDS on Transportation expences for carraige of goods if transporter provides PAN however we need to provide details in TDS return
.
.
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UllSVFCnqWY
.
.
Here the transporter means person who engaged in the business of carraige of goods in normal course of business
.
.
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UllSVFCnqWY
.
.
Here the transporter means person who engaged in the business of carraige of goods in normal course of business
12 October 2013
As per the amended section 194C, through
Finance Act (2) of 2009, No deduction shall be
made from any payments made to a contractor
during the course of business of plying, hiring or
leasing goods carriages, on furnishing of his PAN
to the deductor.
This new subsection 6 of 194-C makes such
transport contractor to compulsorily provide PAN
to the Deductor, failing to which TDS will be
made by Deductor as per 194C.
Finance Act (2) of 2009, No deduction shall be
made from any payments made to a contractor
during the course of business of plying, hiring or
leasing goods carriages, on furnishing of his PAN
to the deductor.
This new subsection 6 of 194-C makes such
transport contractor to compulsorily provide PAN
to the Deductor, failing to which TDS will be
made by Deductor as per 194C.
CA Pallav Singhania
(Expert)
13 October 2013
The is no specific Definition provided,but can be defined as..
The Word 'Transporter' in case of TDS and Service Tax refers to the person providing services of plying, hiring or leasing goods carriages..
No TDS deduction on Payment to Transporters if PAN furnished...
The Word 'Transporter' in case of TDS and Service Tax refers to the person providing services of plying, hiring or leasing goods carriages..
No TDS deduction on Payment to Transporters if PAN furnished...
13 October 2013
Agreed with above experts.
N J Ansari
(Expert)
16 November 2013
There is Indian Agent of a Foreign Shipping Company who send the Cargo Arrival Notice with A Bill to make payment of the Freight & other charges. The Break up is as under.
1. Freight Charges ( USD converted in INR )
2. Delivery Order Charges
3. LCL Charges
4. Transportation Charges
5. Peak Season Charges ( USD converted in INR)
6. Documentation charges
Whether TDS u/s. 194-C is applicable in the above case.
If yes, on which amounts.... from 1 to 6.
Guidance is solicited from Gurus.
1. Freight Charges ( USD converted in INR )
2. Delivery Order Charges
3. LCL Charges
4. Transportation Charges
5. Peak Season Charges ( USD converted in INR)
6. Documentation charges
Whether TDS u/s. 194-C is applicable in the above case.
If yes, on which amounts.... from 1 to 6.
Guidance is solicited from Gurus.
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
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- 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
- Whether output tax is taken credit by purchaser
- 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
