TDS ON TRANSPORTER

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MANISH PATNI (Querist)
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18 July 2011 If my client paid freight of rs less than 35000 in the year to a particular truck owner who do not hv PAN, is there any TDS liability arises on my client.. or if that truck owner hvg only one truck then what happen ?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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18 July 2011 1. In case the payments individually are
below 30000/- , then no need to deduct tax at source. You can wait upto 75000/ limit .

2. If a single payment exceeds30000/-then & then after TDS is applicable.

3. If the PAN No has been given then in any case TDS is not applicable.

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