Tds for transport payments

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 March 2017 A trading concern is paying lorry freight charges around 50 lacs in a year. TDS must be deducted for transport payments or getting the PAN number from transporter is enough.

16 March 2017 if transporter is having PAN, there is no requirement to deduct TDS and payment of Rs. 35000 can be made in cash to transporter.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries