If a person has purchasing goods and freight charges are included in purchase bills then can it not be necessary to deduct the tds under 194 c???
pls suggest whether to deduct or not if the amount for the whole exceeds 100000..
Menu
Tds on freight charges included in purchase bill
Replies (5)
Quick Summary
Since freight charges are considered as part of cost of goods, 194c is not applicable, as I understand.
Yes TDS is not applicable
Oh if it is included in purchase bill tds not applicable separtely if charges on that tds applicable?
Here the seller is not the transporter. If the transporter has separately issued invoice or consignment note, then 194c would apply.
Okay..thank u ..so much
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
