TDS

This query is : Resolved

P.K.DUBEY

P.K.DUBEY (Querist)
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10 July 2010 can TDS be deduct on cash payment? and if i`m taking my vehicle service from one place continue then it will be fall in the rule of TDS.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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10 July 2010 YES TDS SHOULD BE DEDUCTED ON CASH PAYMENTS ALSO. YOUR NEXT QUESTION IS NOT QUITE CLEAR. PLEASE DRAFT AGAIN.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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10 July 2010 The factual matrix of the 2nd query appears to be :-

The queriest is a transporter. He is having a valid PAN. He is running/plying his vehicle at one place for the same principal. He want to know, whether his work will be out of TDS provisions in terms of Section 194C(2).

If so, You are not liable to TDS.

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