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.
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
- Showing Gift from relative in ITR for this year
- Off Market debit and credit transaction
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- ITR returnFY25-26
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
