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Tds on frieght paid by assessee on purchases

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2012 Is TDS required to be deducted by an individual assessee whose accounts are required to be audited on frieght charges paid on purchases for the financial year 2011-12.
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prateek aanchalia

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prateek aanchalia (Expert)
21 August 2012 if freight receiver provided u PAN than TDS rate is 0% otherwise TDS rate is 20%...

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