T D S on Transportation

Pratik (Accountant) (42 Points)

14 August 2010  

Tds on Transportation is NIL if PAN is provided. SO what about the TDS quarterly returns that are to be submitted in case of the Transporters who provide PAN. Do we have to provide the list  of the transporters providing PAN. If yes than what is the prescribed format. As when we are filing NIL return of TDS we dont have to provide the deductee records at all. So my question is what is then the procedure of filing the quarterly TDS returns of the Transporters who provide PAN which makes thier TDS rate NIL