deepak kumar (sr accountant) (114 Points)
17 December 2010dear all ,
Is tds applicable on inland haulage charges , and what about tranfportors details in tds return,
Dhawal Mohnot
(Practicing)
(449 Points)
Replied 17 December 2010
dont mind me asking.
what is inland haulage?
Madhusudan Kabra
(knowledge seeker)
(1779 Points)
Replied 17 December 2010
If transporter provide PAN no., then there is no need to deduct TDS otherwise 20% TDs is suppose to be deducted . In my opinion same provision will be application to inland trasportation i.e.
Regards
M.S.Kabra
Knowledge seeker
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
