Sir, We have got Service of transportation Bill value of fright Rs. 87000 so please advise can we need to deduct Tds on the fright if yes please how much ?
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Quick Summary
This discussion clarifies the requirement for deducting Tax Deducted at Source (TDS) on freight charges. It confirms that TDS is applicable on transportation bills, specifically under Section 194C of the Income Tax Act. The advice provided indicates that tax should be deducted on the fright value.