Tds on freight ?

This query is : Resolved

anoop bhatia (Querist)
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26 December 2011 Sir/Madam,

I know that TDS to be deducted @20% if no PAN has been provided by the transporter.

And if transporter provide the PAN we can pay the freight upto Rs 35000.00

In this regard I want to know what amount we can pay without TDS if no PAN has been provided by Transporter i.e. in this case whether the TDS is required to be deducted even if freight amount is less than Rs 30000.

CA. Shushil Kumar

CA. Shushil Kumar (Expert)
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26 December 2011 Mr. Anoop,
In case you are having the PAN details of transporter you don't require to deduct tax irrespective of amount paid.
& if you are not having the PAN then TDS @ 20% to be deducted in case amount exceeding 75000/30000 as the case may be..