Query: Total Payment to Transporter during the year is Rs 20000/- No pan is provided by him. Do we have to deduct Tds on the same
Thanks
Hozefa Anajwalla (Proprietor) (30 Points)
14 June 2011Query: Total Payment to Transporter during the year is Rs 20000/- No pan is provided by him. Do we have to deduct Tds on the same
Thanks
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 14 June 2011
If it is mandatory to provide details of below threshould limit, then PAN is required. Let see others view.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 14 June 2011
as it is less than 75000(aggregate for the year) hence no need to deduct tds
valji
(Accounts manager-MBA)
(2150 Points)
Replied 14 June 2011
payment are less then limit specified so it is not require to deduct TDS
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961