Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 July 2014 Suppose a Pvt. Ltd. co is paying Carriage charges and clearing charges to B.R.Clearing Services Pvt.Ltd.Whether TDS us-194C will be applicable?

Ganeshbabu K

Ganeshbabu K (Expert)
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03 July 2014 If clearing agent claiming carriage charges a s re-imbursement and provided original bill paid by him
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.
NO tds applicable on this other wise deduct TDS on this also
.
.
however TDS applicable on clearing charges in any case

Rupesh Jain

Rupesh Jain (Expert)
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04 July 2014 TDs u/s 194 C for clearing charges . not on the reimbursement exp. made by his on behalf of you.

tds rete U/s 194C @ 1% for individual and HUF or 2% for other.

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