Tds deduction on transportation

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2016 Resp. Sir,

Can TDS to be deducted in following cases:

1. Aggregate Transaction in a Finance Year not Crossing Rs. 75000 but Transporter
owns more than 10 Vehicles.

2. Aggregate Transaction in a Finance Year Crossed Rs. 75000 but Transporter owns Less
than 10 Vehicles (NOT GIVEN DECELERATION ON HIS LETTER HEAD STATING
THAT HE OWNS LESS THAN 10 VEHICLES & NOT TO DEDUCT TDS U/S 194C)

Please advise.

Thanking you.
Regards

Read more at: https://www.caclubindia.com/experts/ask_query.asp

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

16 April 2016 1 TDS not applicable as threshold not crossed.
2 TDS applicable as declaration not given.

CHAVAN

CHAVAN (Querist)
Follow

16 April 2016 Thank you sir, In 2 case as deceleration issue

Message likes : 1 times

CHAVAN

CHAVAN (Querist)
Follow

16 April 2016 Sorry in 2nd case as deceleration not give TDS @ what rate it is to be deducted ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

16 April 2016 Deduct 2% u/s 194C.........

CHAVAN

CHAVAN (Querist)
Follow

16 April 2016 THANKS A LOT SIR ☺

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. MOHIT SHARMA

balamurugan

madhu sudan

Deepak Nayak

Rubal Singhal

Subscribe Now

Tds deduction on transportation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANT

Accountant

Manager- Finance and Compliance

Article Assistant

GST CONSULTANCY