In case of transport agency if PAn number is provided than TDS not required to deduct otherwise 20% to be deductde.
Cash payment to transporter
Page no : 2
surender
(Manager Accounts)
(149 Points)
Replied 08 October 2011
yes you can do.PAN Number to be considerd .
Ashutosh Biswal
(Asst.Manager Finance)
(283 Points)
Replied 09 October 2011
What will be the treatment on this below transporter's payment
" If one individual person got transferred by his company from one place to another place , where had to avail transportation facility to carry his household items. and finally bill was raised by carrying agency of65000/- for this.
My quetion is
1. Can that person pay by Cash of total Amt like65000/- in a single payment
2. If not above, then how will he pay that ? in line who will be liable for what ( Is that person or transport agency are bind to any provison) ?
3. If that person will take reimbursement of that total amount from his company , then, is there any obligation to any law will be applicable to comapny's taxation or payment procedures ?
it will be appreciated if you guys encounter the questions one by one to draw more discussion or solution... thanks
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