IF I HAVE MADE PAYMENT OF LESS THAN 75000/- DURING THE YEAR TO TRANSPORTER EVEN THEN I HAVE TO SUBMIT PAYMENT DETAILS OF PAYMENT IN MY TDS RETURN UNDER TRANSPORTER OPTION 'T' OR SHALL I SUBMIT NIL TDS RETURN. PLS ADVICE.
REGARDS
VARUN AGGARWAL
IF I HAVE MADE PAYMENT OF LESS THAN 75000/- DURING THE YEAR TO TRANSPORTER EVEN THEN I HAVE TO SUBMIT PAYMENT DETAILS OF PAYMENT IN MY TDS RETURN UNDER TRANSPORTER OPTION 'T' OR SHALL I SUBMIT NIL TDS RETURN. PLS ADVICE.
REGARDS
VARUN AGGARWAL
Varun
1.For the Transporter payments, eventhough the payment limit exceeds, tds is need not to pay in case of transporter having the PAN No.
2.According to amendments made in TDS Returns, those type of payment (i.e payments not exceeds limit), should be shown in TDS Return under THRESHOLD LIMIT.
Regards
CAclubindia
