Tds on transport charges paid on purchase of machinery
This query is : Resolved
23 July 2012
Dear All
whether tds is deducted on payment of transport Charges paid exceeding Rs.30000/- in single bill on purchase of machine by newly company u/s 194c or not .......
Plz reply
whether tds is deducted on payment of transport Charges paid exceeding Rs.30000/- in single bill on purchase of machine by newly company u/s 194c or not .......
Plz reply
23 July 2012
No deduction shall be made from any sum credited or paid or likely to be credited or paid during the previous year to the account of a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his Permanent Account Number, to the person paying or crediting such sum.
Message likes :
1 times
23 July 2012
NO TDS ON TRANSPORTER PROVIDED PAN NO IS GIVEN....
IF NO PAN TDS IS DEDUCTED 20%
IF NO PAN TDS IS DEDUCTED 20%
Message likes :
1 times
23 July 2012
No TDS shall be deducted on amount paid to Transporters provided PAN No. is fiven by the Transporter.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Value of property in capital gain
- SFT Cash Deposit in Current Account
- Copyright software
- Multiple trade mark
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY....../
- Transporter Declaration form
- E-Invoice applicability for new Startup
- Filing of MSME 1 form by companies
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
