TDS on transport contractors
This query is : Resolved
31 October 2009
We are hiring transporter for dispatch of milk from one place to another place and they have mostly submitted his Pan No. to us so.we have required clarification for TDS Deduction. We have to require to deduct tds or not.
Pl. send clarification urgently.
Pl. send clarification urgently.
M Prabhakar Menon
(Expert)
31 October 2009
There is no need to deduct TDs if PAN is submitted wef 1-10-2009.You will have to deduct TDS on those whose PAN is not available with you
31 October 2009
W.E.F 01.10.09,No need to deduct TDS if the transporter quote the PAN number on bill ...see the TDS Rate chart available in files for complete details
Abuzar Azmi
(Expert)
31 October 2009
I would like to ad on above
you have to ensure that the PAN no provided by the Contractors are correct. You can do it by checking the PAN no in INCOMETAX website.
This is your responsibility as pe CBDT clarification.
you have to ensure that the PAN no provided by the Contractors are correct. You can do it by checking the PAN no in INCOMETAX website.
This is your responsibility as pe CBDT clarification.
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