Tds on contractor

This query is : Resolved

CA pramod pandey (Querist)
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18 February 2015 DEAR SIR,
WE ARE RECEIVING BILLT OF TRANSPORTER BUT WE ARE PAYING TO DRIVER/OWNERS OF TRUCK. SO AT THE TIME OF PAYMENT. PAN OF WHOM WHETHER TRANSPORTER OR TRUCK DRIVER/OWNER TO BE COLLECTED.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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18 February 2015 https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp

refer this for entire knowledge

CA pramod pandey

CA pramod pandey (Querist)
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18 February 2015 THIS IS ABOUT DEDUCTION BUT IT DOSN'T CLARIFY TO HAVE PAN OF TRANSPORTER OR DRIVER/TRUCK OWNER.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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18 February 2015 it is the transporter i.e owner and not merely driver

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 February 2015 Collect the PAN of the party who is submitting the bill and to whom the payment is being made.

CA pramod pandey

CA pramod pandey (Querist)
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18 February 2015 Dear Sanjay Ji,
we are receiving billt of transporter and we are paying amount to individual Truck Owner. As per Tushar Ji we need only pan of Transporter.
Please Clarify. Logically it should be of Transporter. because we are paying to drivers also on behalf of transporter.
Example Bill t of ARC LTD.
Payment Made to Dharmendra Singh Truck Driver. Amount RS 6000

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 February 2015 You must be paying in cash? You need the PAN of transporter since the bill is raised by transporter.