IS TDS REQUIRED TO BE DEDUCTED ON FREIGHT BILL OF TRANSPORTER?
Menu
Tds
Replies (3)
There is no need to deduct TDS on Transporter's Bill, if the transporter has a PAN. Incase he does not have a PAN, then TDS is to be deducted @ 20% u/s 194C.
Regards,
Devendra Kulkarni
no tds is not required to be made if the transporter funishes his PAN, if not then tds @ 20% si reqd to be made
There is no need to deduct TDS on Transporter's Bill, if the transporter has a PAN. Incase he does not have a PAN, then TDS is to be deducted @ 20% u/s 194C.
Regards,
Devendra Kulkarni
Agreed
Recent Topic
- Section 54F deduction - GST and Stamp Duty cost wh
- Professional Crossed 20 Laks in Dec 26 Failed to T
- F&O in ITR
- CA Final Self pace Module
- Query Regarding House Ownership Transfer Reflected
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
- ITR-2 Schedule CG: Indexation cost ignored for lan
- INCOME TAX NOTICE 143(2) - FY 2024-2025
Related Topics
CAclubindia
