TDS ON TRANSPORTERS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2010
HOW TO DEDUCT TDS ON TRANSPORT BILLS
INWARD OR OUTWARD TRANSPORTION CHARGES
INWARD OR OUTWARD TRANSPORTION CHARGES
15 January 2010
How does it make any difference. When you make the payment to the transporter you have to deduct the TDS
15 January 2010
WHEN YOU PAID AGAINST TRANSPORT BILL EVEN YOU PAID LUMPSUM OVER RS.20,000/- YOU HAVE TO DEDUCT TDS...BUT IN THE END TOTAL PAYMENT & TDS% WILL BE SAME % OF DEDUCTION
W.E.F 1.10.09 TRANSPORTER SUBMIT ITS PAN THEN NO DEDUCTION IN CASE OF NON SUBMISSION THEN 20% DEDUCTION.
W.E.F 1.10.09 TRANSPORTER SUBMIT ITS PAN THEN NO DEDUCTION IN CASE OF NON SUBMISSION THEN 20% DEDUCTION.
15 January 2010
20 % deduction is w.e.f 01/04/2010.
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