Tds

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mohd arbaz khan (Querist)
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03 November 2013 Respected Sir/Madam,
whether TDS is applicable on purchase of diesel( Diesel was purchased from Indian oil corp), also the transportation charges was given separately i.e- diesel @Rs.50 per litre plus transportation charges @Rs.4 per litre.
whether TDS is required to be deducted on the said transaction, if yes then only on transportation charges or on the whole amount of transaction.The total amount of bill was Rs.4,50,000.

Thank you.

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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03 November 2013 No TDS on purchase of goods however in case freight there may be liability of TDS subject to other conditions of the agreement with transporter

CA Pallav Singhania

CA Pallav Singhania (Expert)
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03 November 2013 Agree with Expert,
NO TDS on such purchases...

mohd arbaz khan

mohd arbaz khan (Querist)
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04 November 2013 So TDS liability will arise if there is a contract between our client and transporter.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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04 November 2013 On such payment of freight....

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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04 November 2013 your client will have deduct TDS if it comes within preview of section 194C conditions

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mohd arbaz khan

mohd arbaz khan (Querist)
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04 November 2013 Ok I understood now, thanks a lot team.
it was of great help to me.

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