Tds on freight


27 October 2013 sir,
iam paying freight to vans & autos for delivery of my goods. what is the limit for each individual for deducting TDS if they dont provide PAN card?

27 October 2013 The limit is Rs30K for single transaction & Rs75K for all transactions with same party in one financial year. However for goods transport agency, no TDS is deducted if they provide PAN otherwise TDS @20% is deductible..

28 October 2013 Mr Harish has answered perfectly and correctly.




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