Tds related query

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sabbir (Querist)
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23 July 2013 Wheather TDS is apllicable to payment to Private Transport Co for railway freight paid on our behalf. Railway Receipt bears our company name and also Transport company raised the same amount of bill that is mentioned in railway receipt.

Rupesh Jain

Rupesh Jain (Expert)
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23 July 2013 no pls take pan card of transport

sabbir

sabbir (Querist)
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23 July 2013 but sir it is railway freight not by road

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2013 TDS not applicable but keep the PAN of the Private Transport Company.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2013 Yes Section 194C will not apply since its railway transport but you are not making payment to railways you are making payment to Private Transport Company so its better to keep the PAN Card.

sabbir

sabbir (Querist)
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23 July 2013 sir that trasport co. is only the road tranporter they only paid that amount to railway co, on our behalf then also tds is applicable?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2013 TDS not required to be deducted in any case provided you take their PAN.

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