TDS
This query is : Resolved
24 June 2010
hi i want to know that the New amendment made in the chapter of TDS in sec 194c regarding the deduction of tax on transporters wef 01.10.2009.
my query is that is there any condition imposed on the transporter that he should file the return on truck basis and not as per the normal provisions.
so and the company specified that this is defined as "small transporters" as defined in Sec 44AE of the IT Act.
please answer as soon as possible.
my query is that is there any condition imposed on the transporter that he should file the return on truck basis and not as per the normal provisions.
so and the company specified that this is defined as "small transporters" as defined in Sec 44AE of the IT Act.
please answer as soon as possible.
24 June 2010
w.e.f 01.10.2009 no TDS to be deducted from transporter if PAN is provided by them. Otherwise TDS to be deducted u/s 194C.
w.e.f. 01.04.2010 if no PAN is provided by transporter or any other deductee TDS to be deducted @20%. If PAN given by transporter no TDS.
w.e.f. 01.04.2010 if no PAN is provided by transporter or any other deductee TDS to be deducted @20%. If PAN given by transporter no TDS.
24 June 2010
There is no condition on th transporter. However the transporter must be as defined u/s 44AE
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
