TDS on Freight in ward and TDS on Freight Out Ward applicablity?
Menu
Tds
Replies (1)
TDS is deductible on both Frieght Inward as well as on Frieght outward under Section 194C as they are covered under the definition of "Work" defined in the above mentioned section.
However in case of transporter TDS is deductible only if the transporter does not furnish the PAN No to the deductor.
For the amendment made in the budget 2015-16 kindly go through the belowe mentined link: https://abcaus.in/budget-2015-16/tds-deduction-194c-transporters-owning-more-than-10-goods-carriage.H T M L
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
