Tds

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Gurwinder

Gurwinder (Querist)
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11 February 2013 KINDLY INFORM ME ABOUT RATE OF TDS ON FREIGHT

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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11 February 2013 Any Person who is responsible to pay sum of amount to a Resident Contractor for carrying out any sort of work which is in the nature of Contract, Including payment made by a person (who is a Contractor) to a Sub-Contractor Payment made towards Contract which involves Supply of Labour for Carrying out work is also included for this purpose In case the Contractor is a Transporter who provides PAN, the payer NEED NOT DEDUCT TAX AT SOURCE on freight charges paid to such Transporter.

more information:

https://www.thetaxinfo.com/2011/11/tds-on-contracts/

Gurwinder

Gurwinder (Querist)
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18 February 2013 thanku sir

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