What is the limit for tds if no pan for transport

Radhesh Bhoot (Aspiring CA) (229 Points)

23 June 2014  

Dear Fellows,

 

I have a query regarding TDS on Transportor-

in both the cases PAN is not provided - from Same transportor

Case 1 - Transportor Expense Rs. 45000 (Bill 1 -- 25000+ Bill 2 -- 20000)

Case 2 - Transportor Expense Rs. 45000 (Bill1 -- 40000 + Bill 2 -- 5000)

 

Please advice whether the normal 194C Limits of 30000 single bill and agg bill 75000 applies for no pan to transportor ?

AS per provisions no pan for transportor then 20% should be deducted but wat is the limits??

 

it would be good if any supporting of sections are provided too