Have received a freight bill for our company. The amount of Bill is Rs.6191/-. I wnat to know whether tds have to be deducted for this bill. And pls let me know how will be the TDS calculate for freight bills . And whats the percentage .
16 September 2009
If this is one time payment for the perticular Freight co no need to deduct if total payment exceeds 20000/- PA u have to deduct 2% under 194c