Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2013 Dear All,
My query is that There is exemption for TDS in difference section i.e in sec 194c Rs 30000.00 and in 194J Rs. 30000.00
1. Please suggest that these exemption applicable per Assessee or per TAN.
Example : A Assesse having Five Company in different states and also having Five TAN No. in different states, so please guide us that the exemption is applicable on PAN or TAN.

2. In sec 194c Rs. 30000.00 exemption also applicable on payment made to transporter.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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30 July 2013 1.It is single PAN. incase you are having one vendor having same PAN in different branches it covers all the branch payments together.

2 GTA,if they are having PAN no TDS. if they doesnt have PAN then 20% no threshold limit