TDS on transportation charges.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 March 2010
I am working in a construction company. where we can use the the service of transporters to deliver sand and other items. what is the nature of tds and what is the % to be deductible.
18 March 2010
TDS Rates Effective from 01.10.2009
1)Payment to Contractors/Sub Contractors in Transport Business (If PAN is quoted)No TDS to be deducted.
2)Payment to Contractors/Sub Contractors in Transport Business (If PAN is not quoted)Individual & HUF 1% others 2%.
Note: From 01.01.2010 if PAN not quoted TDS 20%
1)Payment to Contractors/Sub Contractors in Transport Business (If PAN is quoted)No TDS to be deducted.
2)Payment to Contractors/Sub Contractors in Transport Business (If PAN is not quoted)Individual & HUF 1% others 2%.
Note: From 01.01.2010 if PAN not quoted TDS 20%
Message likes :
1 times
18 March 2010
Agreed
18 March 2010
Please check I think this no TDS is only for the small contractor/sub contractor having only 2 trucks and they mentions the PAN no.
18 March 2010
no tds is for all transport operators w.e.f. 1/10/2009.
Payment to Contractors/Sub Contractors in Transport Business If PAN is not quoted Individual & HUF 1% others 2% up to 31/3/2010
Note: From 01.04.2010 if PAN not quoted TDS rate is 20%
Payment to Contractors/Sub Contractors in Transport Business If PAN is not quoted Individual & HUF 1% others 2% up to 31/3/2010
Note: From 01.04.2010 if PAN not quoted TDS rate is 20%
18 March 2010
agreed.
18 March 2010
agreed
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
