TDS

A Manufacturing company send goods through arrange vechile from Transport company. Transport company uses own Vehicle as well as Hired Vehicles. In that situation whose PAN No. considered for non- deduction of TDS.

 

In another case, A Manufacturing company has its own transport company(part of own Business) and hiring Vehicle and sending goods. In this situation whose PAN No. is to be considered for non- deduction of TDS.

Replies (2)

in both the cases the person who receive the payment would be accounted for deduction eligibility of TDS

Dear Anoop

 

You have two queries nd the replies are as follows.

1. The company has hired the transport co. for carriage of goods. The company knows only the transporter and it has nothing to do whose service the transport co is further availing to carry the goods to desired destination. hence, all you have to do is, just get the pan no of transport co.

2. It seems that there is just one co having two arms. one is manufacturing unit nd the other is transporting unit. The service provider and the service recepient are the same. one can not deduct tax of himself. Hence, in second case no need to deduct tax at all. 

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