Tds

This query is : Resolved

tharun (Querist)
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15 May 2013 sir,
Is it necessary to deduct TDS on Transportation of goods.If so pl. say the limit and the Sec.no.

For every bill payment will by the limit upto 30 thousands and per annum the total amt will be near about 10 lakhs

Ganeshbabu K

Ganeshbabu K (Expert)
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15 May 2013 dear tharun

TDS is not required on payments made to transporter if PAN number has been provided to the deductor

But details to be mentioned in TDS return,

please refer this article,

https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp