TDS
This query is : Resolved
28 October 2010
This is a case relates to Scrutiny
I have a client who has purchased goods from out states and his seller has supplied goods to ABC transporter Co. but however ABC Transporter Co. has not actually transported goods. They will handover the goods to other person "X". My client has made the payment to "X".
In this manner in a year so many times my client has purchased the goods and it is supplied by ABC Transporter Co. But every time goods is actually transported by different person depending on the area of seller. And in that way my client has made payment to different person who transport on behalf of ABC Transporter Co.
Month Payment of Rs. Payment to
April 19000/- X
June 18000/- Y
November 17000/- Z
January 15000/- A
March 15000/- B
Total 84000/-
So in all total payment made in a year is above Rs.50000/- but to different person every time on behalf of ABC Transporter Co.
Whether my client should deduct tax at source while making payment?
I have a client who has purchased goods from out states and his seller has supplied goods to ABC transporter Co. but however ABC Transporter Co. has not actually transported goods. They will handover the goods to other person "X". My client has made the payment to "X".
In this manner in a year so many times my client has purchased the goods and it is supplied by ABC Transporter Co. But every time goods is actually transported by different person depending on the area of seller. And in that way my client has made payment to different person who transport on behalf of ABC Transporter Co.
Month Payment of Rs. Payment to
April 19000/- X
June 18000/- Y
November 17000/- Z
January 15000/- A
March 15000/- B
Total 84000/-
So in all total payment made in a year is above Rs.50000/- but to different person every time on behalf of ABC Transporter Co.
Whether my client should deduct tax at source while making payment?
29 October 2010
What is the context of transport agreement, Is it between the your client and ABC transporter, If yes, TDS will be applicable. Since you are making the payment as per this agreement on the advise of ABC transporter.
29 October 2010
TDS is not aplicable on this as the payment is made to differnt transporters and the payment in a year is less then threshhold limits.
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Copyright software
- Multiple trade mark
- LC charges in relation to Asset purchased should be Capitalised ?
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
