SUNNY (STUDENT CS) (377 Points)
03 June 2010FIRSTLY we deduct TDS on transporter, but from 01/10/2009 there is no tds deduction for transporter who have PAN no,
is there any thing information provided to income tax dept about that
we did not deduct tds of the transporter who have pan no.
& how much freight we have paid?
is this information submitted to dept or not?
if yes
what is the format & when we can submit
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 03 June 2010
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.
Akhil Gupta
(Manager F&A)
(856 Points)
Replied 03 June 2010
Dear D maheshwari Sir
I agree with you that the assesse is required to furnish the information ina separate return containing the detail of transporter , who have provided PAN and TDS has not been made in accordance to subsection 6 of 194C.
But Sir, is there any form/format for the same is available. Presently in the company where I am working, detail for the same is being maintained in a separate excel file since 01.10.2009 and no return has ever being filed till date.
Regds/ Akhil Gupta
SUNNY
(STUDENT CS)
(377 Points)
Replied 03 June 2010
so akhil g there is no need to file the return .
thanx a lot
SUNNY
(STUDENT CS)
(377 Points)
Replied 03 June 2010
dashrath sir g
then we will have to furnish empty return on the basic of quarterly
in this return we show only pan no of transporter & amount
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 03 June 2010
As per my knowledge, till now, no form/return has been specified/made public...
But we have to keep the detail and copies of PAN card of transporters, so that, whenever it comes out, we can easily provide the detail.
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