Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 February 2014
IS TDS IS APPLICABLE ON PAYMENT MADE TO TRANSPORT CO. AND IF YES UNDER WHICH SECTION..??
13 February 2014
No TDS is not applicable if Transporters provides PAN number. If PAN is not provided then TDS @ 20% should be deducted.
Logic behind is that there is no contract between Transporter and buyer, he is just delivering the goods on behalf of seller for fixed amount.
Logic behind is that there is no contract between Transporter and buyer, he is just delivering the goods on behalf of seller for fixed amount.
Message likes :
1 times
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
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
