Tds u/s 194c
This query is : Open
19 February 2015
As per sec194C(6) payment made to transporters shall not be subject to tds. However circular no.715 dt.08.08.1995 says 'clearing and forwarding agents while making payments to a carrier of goods shall be liable to deduct tax. Isn't this contradictory?
Should CFA agents deduct tds while making payments to transporters?
Should CFA agents deduct tds while making payments to transporters?
19 February 2015
Circular 715 dated 8.8.1995 (question no.6 and 7) became REDUNDANT in view of the substituted section 194C(6) came into force from 1.10.2009.
19 February 2015
So,as per current provisions, C&F agents are liable to deduct Tds while making payment to transporters,right?
19 February 2015
So,as per current provisions, C&F agents are liable to deduct Tds while making payment to transporters,right?
19 February 2015
So,as per current provisions, C&F agents are liable to deduct Tds while making payment to transporters,right?
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