TDS Query
This query is : Resolved
20 February 2020
Dear Expert,
Loading and Unloading charges we paid above 50000 through bank whether we have to deduct TDS or not ?
And please if tds for Loading and unloading charges let me know the percentage
Kindly help us to resolve the issue
Loading and Unloading charges we paid above 50000 through bank whether we have to deduct TDS or not ?
And please if tds for Loading and unloading charges let me know the percentage
Kindly help us to resolve the issue
20 February 2020
section 194C is applicable. You need to deduct 1% or 2% as the case may be subject to the conditions set out in the said section.
20 February 2020
Yes, TDS have to be deducted u/s 194C. Rate of Tax
1% for Individual or HUF
2% for others
However if the deductor is an individual & HUF and in the previous year Accounts were not audited then no need to deduct the tds.
1% for Individual or HUF
2% for others
However if the deductor is an individual & HUF and in the previous year Accounts were not audited then no need to deduct the tds.
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