TDS ON TRANSPORTERS

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Querist : Anonymous (Querist)
15 January 2010 HOW TO DEDUCT TDS ON TRANSPORT BILLS

INWARD OR OUTWARD TRANSPORTION CHARGES


15 January 2010 How does it make any difference. When you make the payment to the transporter you have to deduct the TDS

15 January 2010 WHEN YOU PAID AGAINST TRANSPORT BILL EVEN YOU PAID LUMPSUM OVER RS.20,000/- YOU HAVE TO DEDUCT TDS...BUT IN THE END TOTAL PAYMENT & TDS% WILL BE SAME % OF DEDUCTION
W.E.F 1.10.09 TRANSPORTER SUBMIT ITS PAN THEN NO DEDUCTION IN CASE OF NON SUBMISSION THEN 20% DEDUCTION.


15 January 2010 20 % deduction is w.e.f 01/04/2010.



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