we received one Courier Bill without Service tax in bill Amount 19,000/- so can I Cut The TDS Of this Bill.
CA Neeraj Bansal
(Profession)
(191 Points)
Replied 13 November 2013
TDS u/s 194C is required to be deducted if there is contract (Cover implied as well). There is no matter if the courier company not charging service tax, TDS is required to be deducted if the payment is made in single bill exceeding Rs 30,000 or the total billing during the financial year to the same party exceeds Rs 75,000.
In this case TDS is not to be deducted if no other payment to the same party made during the Financial year as the bill amount is below Rs 30,000.
CA Kedar Sakhardande
(Proprietor)
(942 Points)
Replied 13 November 2013
Manikanth
(Chartered Accountant)
(342 Points)
Replied 13 November 2013
In your case, no TDS liability is attracted as courier bill is not covered under Sec 194C
abhishek
(CA FINAL)
(274 Points)
Replied 13 November 2013
Roopkamal Arora
(Accountant)
(86 Points)
Replied 14 November 2013
CA Vichitra Trivedi
(CA in Practice Studying LL.B. (Hons))
(171 Points)
Replied 14 November 2013
at the rate of 1%, when the recipient is an Individual/HUF
at the rate of 2%, when the recipient is any other person
yogesh bhardwaj
(ARTICLE)
(79 Points)
Replied 14 November 2013
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