TDS DEDUCTIOIN
This query is : Resolved
17 July 2010
DEAR SIR
MANY TRANSPORTER WHO BRING RAW MATERIAL FOR US FROM OTHER STATE CONTINUESLY AND THERE FRIEGHT AMOUNT GONE ABOVE 75000 OF EACH FOR I QTR. I.E 425000 EACH. ARE WE LIABLE FOR DEDUCTION OF TDS ON ABOVE 75000 RS. WHILE THEY ALL HAVE PAN NO AND ALSO WE HAVE NO CONTRACT WITH THEM.
THANKS & REGARDS
MANY TRANSPORTER WHO BRING RAW MATERIAL FOR US FROM OTHER STATE CONTINUESLY AND THERE FRIEGHT AMOUNT GONE ABOVE 75000 OF EACH FOR I QTR. I.E 425000 EACH. ARE WE LIABLE FOR DEDUCTION OF TDS ON ABOVE 75000 RS. WHILE THEY ALL HAVE PAN NO AND ALSO WE HAVE NO CONTRACT WITH THEM.
THANKS & REGARDS
17 July 2010
If the the transporter provided PAN, TDS rate will be Nil
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