banner_ad

TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 July 2009 For any Transporters, if they provide the PAN number, the TDS on contract payments is NIl.
Pls to clarify what is limit and also without deducting TDS should be reported by deductor with PAN details to the i.t. in the prescribed format (What is format for this situation ?)
Profile Image

NITIN

Profile Image

NITIN (Expert)
14 July 2009 TDS on transporteres is deducted as per provisions of Sec 194C and limit is 20000 subject to changes made in resent budget @ 2%+sc+ec
Profile Image

CA Nitin Wadhwani

Profile Image

CA Nitin Wadhwani (Expert)
14 July 2009 * The nil rate will be applicable if the transporter quotes his PAN. If PAN is not quoted the rate will be 1% for an individual/
HUF transporter and 2% for other transporters upto 31.3.2010.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details