Jalpesh Maniyar (CA Final Student) (225 Points)
21 March 2013Dear members,
If an assessee (Exporter Firm) making payment to an air freight agent (Say J K Enterprise who is agent of Air India) during the year if the payment to the air freight agent has exceeded in aggregate of Rs.75,000/- is there any TDS liability will arise in this case u/s. 194C??
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 21 March 2013
No TDS on Transpor contracts if transporter provided PAN details
Should file tds return with nill deductions
refer 194C(6)
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