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0% TDS

TDS / TCS 557 views 5 replies

If Transporter furnish his PAN then TDS is 0%. But how department knows that how much charges we are paying to the trasnporter without deducting the TDS, as we are not providing any information to the Dept. whose TDS is not deducted.

Is their any procedure so submitt such data

Replies (5)

NO, NOT ANY SUCH FORMS TO SUBMIT THE DATA.

Originally posted by : Deepak Tapse

Deductor should furnish a separate return containing the details of Transport Contractors, who have provided PAN and TDS has not been made in accordance to subsection 6 of 194C. CBDT would be prescribing the format for such return and the methodology to file such return shortly. However it is expected to be one time activity for the Deductor to furnish these details after 31/03/2009, containing the information of all 6 Months

on the lighter side....

why does Mr.Deepak want to submitt additional data to the ITD.:)

Originally posted by : mahesh

on the lighter side....

why does Mr.Deepak want to submitt additional data to the ITD.

 No Mr.Mahesh, i don't want to submitt any data beyond specified by ITD. This just my query and for preparation. Now a days any querry  is raising by all departments by various formats.

Originally posted by : Deepak Tapse




Originally posted by : mahesh






on the lighter side....

why does Mr.Deepak want to submitt additional data to the ITD.






 No Mr.Mahesh, i don't want to submitt any data beyond specified by ITD. This just my query and for preparation. Now a days any querry  is raising by all departments by various formats.

Yes there is no need to tell anyone about payments to transporter who is giving pan. 


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