We have received the Transportation bill of Rs. 15,000/- and 1500/- but transporter not mention the PAN NO. on the said bills, they have not PAN NO. Can we deduct the TDS in higher rate.
but said transporter not exceeding bills more than Rs. 75,000/- in F.Y. 2010-11
14 February 2011
TDS deduction not required as threshold limit is not crossed. Only after crossing the threshold limit transactions come under the TDS purview.
CAclubindia
