194C - Transporter
This query is : Resolved
30 September 2009
Hi Friends,
wef 1st Oct 2009 there is no TDS deductable for freight payment if the goods carrier provides the PAN number as per 194C (6), so is it enough that the Payer of freight just collects the PAN number of the Transporter and not deduct any tax.
Or
There is some formalities been notified so far, becuase section 194C (7) says the payer must file necessary details as may be prescribed, so is there anything prescribed so far, like Form 15I in old regime.
Regards
Mahabir
mchopra@mchopra.com
wef 1st Oct 2009 there is no TDS deductable for freight payment if the goods carrier provides the PAN number as per 194C (6), so is it enough that the Payer of freight just collects the PAN number of the Transporter and not deduct any tax.
Or
There is some formalities been notified so far, becuase section 194C (7) says the payer must file necessary details as may be prescribed, so is there anything prescribed so far, like Form 15I in old regime.
Regards
Mahabir
mchopra@mchopra.com
01 October 2009
Refer my file on TDS rate >>> https://www.caclubindia.com/share_files/files_display.asp?files_id=15599 <<< in which i have mentioned the terms.
01 October 2009
It will be proper,if transporter quotes his/her/its PAN in the bill.
There is no prescribed procedure fur furnishing PAN by transporter.
There is no prescribed procedure fur furnishing PAN by transporter.
01 October 2009
Agree with Shyam Lal Naik
02 October 2009
Agree with Experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
