Tds deduction

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vibha jain

vibha jain (Querist)
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23 September 2013 sir i wan to knw whether tds is deducted on frieght charges paid by d assessee.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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23 September 2013 incase Goods Transport agency and having PAN, then no TDS otherwise TDA will apply

Ganeshbabu K

Ganeshbabu K (Expert)
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23 September 2013 Nil TDS Applicable on payment of frieght by virtue of section 194C(6) if PAN is provided

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.however under rule 31A it is mandatory to report the same in TDS return.

please refer below article posted by me for more idea on this,,kindly refer to comments on this article also

https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UkBwyYanrDU

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