194c

This query is : Resolved 

13 March 2009 respected sir i have a case that i am doing audit of public ltd com whose business is of export of rice juar etc and i found some query that company is purchasing rice but on purchased freight is being paid by the party and charged on the bill full amt whether tds liability is there on the company (i think as per circular on 194c there is no liability on company to deduct tax _) give me the explanation sir

13 March 2009 TDS will be deducted by the same who is making payment for freight.

You client is not required to deduct TDS.

13 March 2009 Your Client is not required to deduct TDS u/s 194C




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