TDS ON TRANSPORTER PAYMENT
This query is : Resolved
13 August 2010
IF TRANSPORTTER GR IS LESS THAN 20K AND ANNUAL CONTRACT PAYMENT IS ALSO LESS THAN 50K.
IF PAN IS REQUIRED IN THAT CASE OR NOT.
KINDLY ADVISE.
IF PAN IS REQUIRED IN THAT CASE OR NOT.
KINDLY ADVISE.
13 August 2010
NO PAN IS REQUIRED IF BELOW THRESHOLD LIMIT. YOU NEED PAN ONLY WHEN THRESHOLD LIMIT IS CROSSED.
DROM 01.07.2010
THRESHOLD LIMIT IS---
SINGLE BILL 30K
ANNUAL 75 K
IF PAN NOT GIVEN-
BELOW THRESHOLD LIMIT---NO TDS
ABOVE LIMIT-TDS 20%
DROM 01.07.2010
THRESHOLD LIMIT IS---
SINGLE BILL 30K
ANNUAL 75 K
IF PAN NOT GIVEN-
BELOW THRESHOLD LIMIT---NO TDS
ABOVE LIMIT-TDS 20%
Message likes :
1 times
13 August 2010
NO PAN IS NOT REQUIRED FOR THIS CASE.
Message likes :
1 times
13 August 2010
Neither PAN is required nor TDS to be deducted.
Message likes :
2 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
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- FORM 26A APPLICABILITY
- Value of property in capital gain
- 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
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
