Tds rate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 April 2012
how many charge tds rate on transportation expenses and travelling exp.fy 11-12
05 April 2012
TDS on transportation of goods is applicable u/s 194C but no TDS is applicable on travelling exp
05 April 2012
TDS on transportation is required to be done only if the transporter does not submit a valid PAN.
If a valid PAN is received by deductee, not required to deduct TDS.
If a valid PAN is received by deductee, not required to deduct TDS.
05 April 2012
If valid PAN furnished by the transporter , No Tds will be applicable. In other case, TDS will required to be deducted as per section 194C.
Rate:-
if transporter is Individual/HUF - 1%
other cases - 2%
Rate:-
if transporter is Individual/HUF - 1%
other cases - 2%
05 April 2012
TDS will be deducted @20% if no PAN is furnished otherwise no tds
05 April 2012
Agree with Amit.
05 April 2012
You are correct Sir.
even no PAN or Wrongly/ Incorrect PAN furnished. HIgh Rate of TDS @ 20% will be applicable.
even no PAN or Wrongly/ Incorrect PAN furnished. HIgh Rate of TDS @ 20% will be applicable.
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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- ITR validation error - Balance sheet is not filled
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
