WHAT IS TDS DEDUCTIBLE VALUE IN TRANSPORT BILL

Respected Sir,
Sir query is that:
                              If a transport bill contains.
FREIGHT                                                             13560
INSURANCE                                                            650
LOADING/UNLOADING CHARGES                      300
OTHER CHARGES                                                   200
TOTAL                                                                  14710

Now, what is TDS deductible value ? Grand total 14710 or freight value 13560?

Please give response,

Thanking you.

Replies (6)
Quick Summary
This discussion clarifies the deductible value for Tax Deducted at Source (TDS) on transport bills. The consensus is that TDS should be calculated on the freight charges only, provided that other charges like insurance, loading/unloading, and other miscellaneous expenses are clearly itemised and distinguishable on the bill. If these are not separate, the TDS might be applicable on the total value.

On full value 14710 rupees

Respected Sourav Sir,

                                  Now query is that.

                                   Suppose, If amount of  material sent by supplier is 100000. And while receiving, we received shortage of 5000, which is claimable from transporter( as per deal ) . So now, while posting entry in books, we have to debit transporter ledger, but what should be credited ? 

TDS will deducted on only freight value 13560.

I think material will debit and transporter will credit.
TDS should be deductible on only freight charges if each and every charges for different heads of expenses are distinguishable.
Yep rama Krishnan is right. I am also saying this
Disagree with Sourav...

TDS is to be deducted on freight value only i.e. Rs.13560

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