Tds u/s 194c(6)
This query is : Resolved
10 February 2015
Assessee(Manufacturing Co.) pays transportation charges to various transporters in a FY and all the transporters furnishes their PAN to the assessee and assessee files TDS return of NIL.My question is- whether assessee is liable to deduct TDS of transporters ?
10 February 2015
no if transporter have no PAN then tds will deduct @ 20%. otherwise not required.
10 February 2015
In the given case Assessee is doing correct thing. Not required to deduct TDS from transporter since PAN is provided by them. But Assessee needs to file Nil return showing the details of these transactions and PAN of transporters.
11 February 2015
Agree with sanjay.
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
- CLOSING STOCK QUERY
- ITR-Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- Taxation on Old jewellery sold
- Rent claimed on building given on permissive possession basis
- Traces submitting correction statement error
- Residential status of non resident
- Short Term Gain Reporting ITR
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- 44AD, 44ADA business details
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
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
