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DED OF TDS ON PAYMENTTO TRANSPORTER

This query is : Resolved 
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(Querist)
17 May 2011 DEAR SIR,

PLEASE MAKE IT CLEAR THAT IN CASE OF NO PAN FOR THE PAYMENT TO TRANSPORTER. SHOULD THE TDS BE DEDCUTED ON RS. 1 OF LIMIT OF RS.75000/- APPLIES

THANKS N REGARDS
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CA Navin Jain

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CA Navin Jain (Expert)
17 May 2011 IF AMOUNT PAID TO TRANSPORTER IS NOT BEYOND THE LIMIT PRESCRIBED UNDER SEC 194C RS 30000/ 75000 THEN NO NEED TO DEDUCT TDS

HENCE IF PROVISION OF TDS IS NOT APPLICABLE THEN THERE IS NO MATTER ARISE ABOUT NO PAN

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