TDS

This query is : Resolved

MANOJ GUPTA (Querist)
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26 October 2009 The transporter raises bill on us. Since there is no TDS on transpoter with valid PAN provided by the transporter . Wheather I have to show the transporter payment in the TDS format or not . We are using eTDS software.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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26 October 2009 Since you are liable to deduct tds, you have to incorporate the same in your regular tds return.

CA CHINTAN AJMERA

CA CHINTAN AJMERA (Expert)
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26 October 2009 TDS is not applicable in case of Goods Transport. Further TDS will not apply only when Transporter has PAN.

They have to furnish PAN to Deductor but not to A.O.

The deductor has to furnish these details to IT Department in prescribed format which is yet to be specified by department.

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