TDs on transport

This query is : Resolved 

23 October 2009 Pls tell me whether tds has to be deducted on transporters bill or not.since there is amendment from 01.10.09

23 October 2009 If Pan abailable no Tds to be deduct otherwise TDS to be deduct.

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Guest (Expert)
23 October 2009 Agreed with Mr. Ram,

1). If pan is quoted by transporter contractor - No TDS.

2). If pan is not quoted by transporter - TDS @ 1% in case of Individual or 2% in case of any other entity.

23 October 2009 Agree with experts.

23 October 2009 agree with experts


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