Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 July 2014 as per 194 C subsection 6 whether TDS deduction or Not.
My question Is

Transport charges -==50,000
Loading and unloading charges=2000
GR=500
out of pocket exp. =2000
Total amount=54,500
whether deduction shall be made or not and deduction shall be made then which amount.

Deepti Asawa

Deepti Asawa (Expert)
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14 July 2014 TDS is not required to deduct on transport charges if PAN No proided by transporter.
Otherwise you should deduct 20% tds on transport charges.

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2014 Dear mam ,i want to clarification that reimbursement of exp. shall not be included to deduct TDS please explain this point.

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