Dear All,
can anybody tell me whether tds should be deducted on payment for shipment charges or payment to a logistics or payment for clearing & forwarding expenses and in which section and at what rate.
please reply soon.
Thanks
girish mangla (practice) (206 Points)
13 July 2010Dear All,
can anybody tell me whether tds should be deducted on payment for shipment charges or payment to a logistics or payment for clearing & forwarding expenses and in which section and at what rate.
please reply soon.
Thanks
AJAY SIMHA
(CMA - final)
(190 Points)
Replied 13 July 2010
its deductible u/s 194-c at 2% if agent is a company or else it is 1%
reg
ajay
CWA - INTER