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Tds on freight charge

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student
248 Points Posted on 29 June 2021
hello,
we have paid 35k on a single consignment (adv 15k + remaining balance 20k later)as freight charges to a transport agency who doesn't have more than 10 vehicles and also doesn't issue any consignment note.

should we deduct TDS on the above 35k ??
pls advice
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On 29 June 2021 at 18:25 Report
Replies (9)
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CA
1218 Points Posted on 29 June 2021

Yes, TDS is applicable.

1 Reply
On 29 June 2021 at 18:56
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student
248 Points Posted on 29 June 2021
What if declaration is furnished to us ? and how to submit the declaration to cbdt?
1 Reply
On 29 June 2021 at 18:57
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CA
1218 Points Posted on 29 June 2021

TDS rate will be as per certificate u/s 197.

And you need to mention the number of the certificate in the TDS return.

 

1 Reply
On 29 June 2021 at 19:29
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45 Points Posted on 29 June 2021
Can you explain how tds is applicable in the above statement
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On 29 June 2021 at 21:36
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student
248 Points Posted on 29 June 2021
Mr. manish i heard if the transporter has less than 10 vehicles need not to deduct tds . but u r saying otherwise. can u explain?
1 Reply
On 29 June 2021 at 21:39
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CA
1218 Points Posted on 30 June 2021

Yes, I missed the limit.

No TDS, but PAN is mandatory for filing TDS return. Mention in no deduction column of form 26Q. And get declaration too.

1 Reply
On 30 June 2021 at 09:05
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tax consultant
3306 Points Posted on 30 June 2021
But is that benefit of having less than 10 trucks available to a deductee who does not issue consignment note
9 Reply
On 30 June 2021 at 10:12
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Accountant
119 Points Posted on 30 June 2021
No need to deduct TDS if transporter provides a declaration of non deduction of TDS in his letterhead itself including his pan number
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On 30 June 2021 at 21:25
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2 Points Posted on 05 August 2025

Is it necessary to mention Vehicle Numbers in Certificate if Transporter is having less than 10 vehicles?

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On 05 August 2025 at 11:33


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