TDS
This query is : Resolved
08 October 2010
Sir,
If one person make payment of Rs. 10000 to transporter and if transporter do not furnish his PAN then whether person required to deduct TDS @ 20% or no TDS deduction as amount dose not exceed 30000 or 75000 as the case may be?
raply,,
If one person make payment of Rs. 10000 to transporter and if transporter do not furnish his PAN then whether person required to deduct TDS @ 20% or no TDS deduction as amount dose not exceed 30000 or 75000 as the case may be?
raply,,
08 October 2010
You need to considered the thershold limit before deduction, if thershold limt exceeds and PAN also not there then the 20% rate will apply
08 October 2010
Agree with expert
08 October 2010
but if u read section 94C for the same then its conflict?
08 October 2010
You are liable to deduct TDS only when Threshold limit is crossed and therefore ask the PAN of deductee. In the given case TDS is not required to be deducted as threshold limit is not crossed.
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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
