Tds on transporter

This query is : Resolved

GAURAV PAL (Querist)
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25 July 2012 WE RECEIVED & SEND OFFICE DOCUMENTS & STATIONERY THROUGH TRUCK (TCI TRANSPORT CO. PAN NO. PROVIDED) CAN WE DEDUCT THE TDS OR NOT IF DEDUCTED ON WHICH SECTION.IF NOT DEDUCTED TDS MANDATORY TO SUBMIT NIL RETURN TAKE BOTH THE TRANSPORTER WHO IS CROSS THE THRESHOLD LIMIT OR UNDER THE THRESHOLD LIMIT.

Suresh Mittal

Suresh Mittal (Expert)
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25 July 2012 If the threshold limit is crossed even then TDS on transporter is not to be deducted provided they give their PAN No. In that case the detail of transporters is to be filed with nil challan, in the TDS return and it is compulsory. However in case if the transporter donot have PAN No, then TDS is to be deducted @20%.

In case if they are under threshold limit then need not to do anything.