TDS
This query is : Resolved
Guest
Guest
(Querist)
05 August 2009
Do we need to deduct TDS on transport charges for 2008-2009 and which rate .
05 August 2009
For FY 2008-09 TDS is compulsory to deduct on transport charges at the rate of 2% plus Surcharge if applicable plus Edu.Cess.
05 August 2009
Agree with Mr. Tarun
Guest
Guest
(Querist)
05 August 2009
I hope the toatl amount should exceed 20,000 per year per party.Thanks a lot for Tarun and Ratan .
05 August 2009
It is liable if either a single bill exceeds Rs. 20000/- or if all the bills in aggregate exceed Rs.50,000/- during the year. In these cases only TDS is liable to be deducted on transporter.
06 August 2009
TDS 2%
Surcharge 10%
ED Cess 3%
Total 2.266% in case of sur charge otherwise it will 2.06%
Surcharge 10%
ED Cess 3%
Total 2.266% in case of sur charge otherwise it will 2.06%
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
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- SALE BILL AGAINST GOODS RETURN
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- Specified Profession
- STCG on ETF gold & silver
- TAN for Partnership
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
