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TDS Percentage

This query is : Resolved 

14 September 2009 Dear All,

Have received a freight bill for our company. The amount of Bill is Rs.6191/-. I wnat to know whether tds have to be deducted for this bill. And pls let me know how will be the TDS calculate for freight bills . And whats the percentage .


Please revert back.


Regards
yesodha

16 September 2009 If this is one time payment for the perticular Freight co no need to deduct
if total payment exceeds 20000/- PA u have to deduct 2% under 194c


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