TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 January 2010 The company is availing the CAB services. Is TDS applicable? Whether transporters and travel agents are one and the same? For transporters the TDS is not applicable if they quote PAN no.

CA Vijay Kumar Gupta

CA Vijay Kumar Gupta (Expert)
Follow

21 January 2010 yes, Tds applicable. Travel agent and transporters are not same. for Goods transporters, No tds if they quote PAN. It is not applicable to passenger transport u/s 194C.

CA Prashant Gupta

CA Prashant Gupta (Expert)
Follow

21 January 2010 Yes, TDS is applicable u/s 194C. if payment is made to individual or HUF then 1% after 1 Oct 2009 and if payment is made other then these then 2%.
exemption from TDS after providing PAN is for transporters of goods not for passenger transport.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

Srikanthan S

rana andcompany

Pranab Banerjee

Gurunathan kannan

Subscribe Now

TDS

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

Manager- Finance and Compliance

Senior Executive

GST CONSULTANT

Accountant