Applicability of TDS on clearing and forwarding charges

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..... clearing and forwarding charges are they subject to tds is rutb eucted only if one payment exceeds rs. 20000/- or annula contract value exceeds rs. 50000 - Reply By Ravi Chopra - The Reply = If amou .....

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..... nt for single bill or single payment is not exceeding Rs. 20,000/- no need to deduct TDS. On the other side, where gross amount for more than one bill (each are not exceeding Rs.20,000/-) is likely to .....

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..... paid or paid is exceeding Rs. 50,000/- you need to deduct TDS. Kindly refer to provisions of Section 194C - sub section (3) clause (i) - Applicability of TDS on clearing and forwarding charges - .....

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..... Query Started By: - madhavvan n Dated:- 28-4-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma .....

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..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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