Tds
This query is : Resolved
04 October 2012
My friend's client is agent of cement bussiness. Suppose total biiling is Rs 300 in mkt. But co.charging from agent ex-factory billing say Rs 250 (excluding transportation of Rs 35 & RS4 & dealer 10 ).i.e. the dealer pay the RS 289 (254 to agent & 35 to transporter). Tell me whether any TDS implication on frieght lies on agent on whom behalf Dealer pay the transportaion . Where agent has the copy of PAN Card & RC of Truck driver. Where Cement co. officer is saying there is no anylia. of agent regarding any tax except VAt & tax on personnel income. Please guide the same (at a time total pyt to truck driver is RS 24000-26000) & (in a year Rs 5 lac - 8 Lac)
04 October 2012
TDS is required to be deducted if the payment is directly made by the agent to the Transporter
and also as per the new provision
TDS is not required if the Transporter quotes his PAN
and also as per the new provision
TDS is not required if the Transporter quotes his PAN
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
- Tax on Deemed Capital Gain
- TDS on property - Form 141 query
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- ITR-3 File/Error Found
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
