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(Querist)
01 May 2010 Dear Sir/Madam

I WANT TO KNOW THAT WE SHOULD DEDUCT THE TDS ON CONVEYANCE (IT COMES INTO TRANSPORTER OR NOT) AND HOW MUCH TDS WE SHOULD DEDUCTS.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
01 May 2010 in the case of payment to Transporter if they have PAN no. then no tds otherwise rate of tds is 20%
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 May 2010 AGREE WITH SAHU JI.
DEPENDS ON WHOM YOU ARE MAKING PAYMENT TO. BUT GENERALLY CONVEYANCE IS PAID TO STAFF AND HENCE TDS NOT TO BE DEDUCTED. BUT IF PAID TO TRANSPORTER 194C WILL APPLY.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
01 May 2010 Query little bit confused. as Mr.Sanjay to whom, you are making payment is very important and conveyance generally paying to employees

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