Tds

This query is : Resolved 

13 July 2014 sir, should we deduct TDS on payment made for transportation ?? if so if pan is submitted by transpoter tds will not be deducted. is it correct?

13 July 2014 Yes correct. If PAN furnished by Transporter then TDS not required to be deducted. But you have to show such transaction in your TDS return.


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