Tds deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 April 2014
1) I have to paid 32000/- for freight to the transporter but they have no pan number & how much tds should i deduct?
2) I have to pay 25000/- as a professional fees but they have no Pan number so how much tds should i deduct? because they are in limit of deduction .
thanks
2) I have to pay 25000/- as a professional fees but they have no Pan number so how much tds should i deduct? because they are in limit of deduction .
thanks
Nikhil Kaushik
(Expert)
07 April 2014
20% in first case.
in second case, it may be argued that no TDS is to be deducted.
However, certain experts believe that TDS should be deducted at 20% even if the payment is below the threshold limit.
in second case, it may be argued that no TDS is to be deducted.
However, certain experts believe that TDS should be deducted at 20% even if the payment is below the threshold limit.
Nikhil Kaushik
(Expert)
07 April 2014
20% in first case.
in second case, it may be argued that no TDS is to be deducted.
However, certain experts believe that TDS should be deducted at 20% even if the payment is below the threshold limit.
in second case, it may be argued that no TDS is to be deducted.
However, certain experts believe that TDS should be deducted at 20% even if the payment is below the threshold limit.
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