TDS on Freight
This query is : Resolved
16 July 2020
We are a trading firm, we have multiple transporters about 8-10 whose individual freights are under 30000.00 but the total amount of freight during the year is more than 1,00,000.00 annually. So is the TDS applicable on freight and on what amount?
Any expert opinion?
Any expert opinion?
16 July 2020
TDS applicable on full amount of freight as payment in a year exceed 1 lac. Deduct TDS on all payments.
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