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0% TDS

Deepak Tapse (Accounts Manager - Taxation) (1771 Points)

10 April 2010

If Transporter furnish his PAN then TDS is 0%. But how department knows that how much charges we are paying to the trasnporter without deducting the TDS, as we are not providing any information to the Dept. whose TDS is not deducted.

Is their any procedure so submitt such data

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5 Replies

Nomula Sreenivasarao (DGM -Accounts) (163 Points)
Replied 10 April 2010

NO, NOT ANY SUCH FORMS TO SUBMIT THE DATA.

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Pankaj (sudent) (91 Points)
Replied 12 April 2010

Originally posted by : Deepak Tapse
	Deductor should furnish a separate return containing the details of Transport Contractors, who have provided PAN and TDS has not been made in accordance to subsection 6 of 194C. CBDT would be prescribing the format for such return and the methodology to file such return shortly. However it is expected to be one time activity for the Deductor to furnish these details after 31/03/2009, containing the information of all 6 Months

mahesh (Will soon be a CA !) (168 Points)
Replied 12 April 2010

on the lighter side....

why does Mr.Deepak want to submitt additional data to the ITD.

Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
Replied 12 April 2010

Originally posted by : mahesh
	on the lighter side.... why does Mr.Deepak want to submitt additional data to the ITD.

No Mr.Mahesh, i don't want to submitt any data beyond specified by ITD. This just my query and for preparation. Now a days any querry is raising by all departments by various formats.

PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3443 Points)
Replied 12 April 2010

Originally posted by : Deepak Tapse
	Originally posted by : mahesh on the lighter side.... why does Mr.Deepak want to submitt additional data to the ITD. No Mr.Mahesh, i don't want to submitt any data beyond specified by ITD. This just my query and for preparation. Now a days any querry is raising by all departments by various formats.