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TDS on freight

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(Querist)
14 September 2009 any body tell me how I can save tax on the frieght amount on which I hav not educted tds.

Total frieght amoun is Rs. 8.00 lacs to a singal person........

Pls guide me ..
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MAHENDRA KUMAR BAGRECHA

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MAHENDRA KUMAR BAGRECHA (Expert)
15 September 2009 If it is a proprietorship firm and first year of audit, no need to deduct TDS
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Nitesh Sethiya

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Nitesh Sethiya (Querist)
15 September 2009 tis is not propreitorhsip firm. Its Pv tltd comany and 10 years old.......
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Ratan Sharma

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Ratan Sharma (Expert)
15 September 2009 Do not debit these expenses to the profit & loss account, or debit it . What is the profitability position of the company? Nature of business? Directors capital account position?

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