Tds on handling charges
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2012
Sir,
We receive combine bills of Railway Freight & Handling Charges. If we consider for TDS on handling charges then amount is less threshhold limit. But if the entire bill amount consider then it cross the threshhold limit. Please suggest whether we should deduct TDS or nor.
Thanks
We receive combine bills of Railway Freight & Handling Charges. If we consider for TDS on handling charges then amount is less threshhold limit. But if the entire bill amount consider then it cross the threshhold limit. Please suggest whether we should deduct TDS or nor.
Thanks
29 March 2012
TDS required to be deducted on total amount. Section 194C will be applicable.
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2012
But railway freight is exempt
29 March 2012
Tax has to be deducted on entire amount of bill.
However you can demand separate bills for handling charges and for reimbursement of railway freight in which your are not required to deduct any tax if the handling charges are below threshold limit.
Thanking you
CA.Nilang A Dalal
09374821453
However you can demand separate bills for handling charges and for reimbursement of railway freight in which your are not required to deduct any tax if the handling charges are below threshold limit.
Thanking you
CA.Nilang A Dalal
09374821453
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