TDS Return
This query is : Resolved
02 June 2008
Dear Colleagues,
My Client is indulged in Transport business.
He pays freight charges to many lorry drivers
To comply with TDS Provisions, my client deducts TDS from payment made to lorry drivers. But, most of the lorry drivers does not have PAN Numbers (obviously)...
Now the client has to file TDS Return every quarter. But, due to Non - availability of PAN, he is unable to file the return.
What to do?
Also tell me, whether TDS provisions are applicable to the client for the above transaction under 194C?
Please do quote relevant circular/notification also.
My Client is indulged in Transport business.
He pays freight charges to many lorry drivers
To comply with TDS Provisions, my client deducts TDS from payment made to lorry drivers. But, most of the lorry drivers does not have PAN Numbers (obviously)...
Now the client has to file TDS Return every quarter. But, due to Non - availability of PAN, he is unable to file the return.
What to do?
Also tell me, whether TDS provisions are applicable to the client for the above transaction under 194C?
Please do quote relevant circular/notification also.
03 June 2008
Clueless on the 1st part of the question. Hope, Govt of India should first make it mandatory to have PAN before applying for registration of a vehicle/for a driving licence.
The explanation to sec 194C says that carriage of goods and pasangers by any mode of transport except railways is covered under the term work. Your case certainly hit by 194C.
The explanation to sec 194C says that carriage of goods and pasangers by any mode of transport except railways is covered under the term work. Your case certainly hit by 194C.
04 June 2008
Dear Colleague
One clue i can provide you is to split the payments made with PAN # in required numbers to make the return comply with the 85% requirement.
Eg: Suppose your client has 100 items in deductee details which contains 60% having PAN and Bal 40% not having PAN. Split each transaction in the 60% into 10 transactions which will make 650 deductee details with only 50 having no PAN. Thats how it should be resolved. Thereis no other go.
One clue i can provide you is to split the payments made with PAN # in required numbers to make the return comply with the 85% requirement.
Eg: Suppose your client has 100 items in deductee details which contains 60% having PAN and Bal 40% not having PAN. Split each transaction in the 60% into 10 transactions which will make 650 deductee details with only 50 having no PAN. Thats how it should be resolved. Thereis no other go.
04 June 2008
Fantastic Idea. Thanks Mr Srikanth.
I would also like to thank Mr Naik for the valuable answer
I would also like to thank Mr Naik for the valuable answer
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- GST Rate for Catering Services
- FCRA 6 E- Intimation
- Journal entry of busniess expenses
- LIC maturity claim whether taxable
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
