TDS DEDUCTION OF LORRY FRIEGHT

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Accountanat
45 Points Posted on 05 August 2021
TDS applicable or not , if the payment made to lorry frieght Rs.30,000 above (single person below 10 vehicle)
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On 05 August 2021 at 17:51 Report
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This discussion clarifies the rules around Tax Deducted at Source (TDS) for lorry freight payments exceeding £30,000. It's generally not required if the transporter owns fewer than 10 vehicles and provides a declaration. Obtaining this declaration from transporters is key to avoiding TDS deductions in such cases.

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2742 Points Posted on 05 August 2021
If you take the declaration, the TDS not required
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On 05 August 2021 at 20:51
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Chartered Accountant
24588 Points Posted on 05 August 2021
Not required to deduct TDS
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On 05 August 2021 at 21:31
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Chief Accountant
3150 Points Posted on 05 August 2021
Take declaration from transporters
TDS not required to be deducted
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On 05 August 2021 at 23:24
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2 Points Posted on 06 August 2021
NO DEDUCTION OF TDS
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On 06 August 2021 at 10:08

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