Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

TDS on Transportation Cost

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... A sales invoice was raised and transportation cost was loaded in the bill. The buyer has deducted TDS on this transportation cost portion u/s. 194C @2%. Is it right ??? Please advice - Reply By Razes .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h Sharma - The Reply = I think it is not right as transporter providing his services to you not the buyer. if the transporters bill paid by you then you only liable to deduct the TDS not the buyer. M .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oreover there is no need of deduct the TDS on transporter if transporter provides their PAN number. - Reply By Mangesh Lokre - The Reply = If I am not wrong there is one declaration which also needs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to provide along with the PAN No, then only the exemption from TDS will be applicable. Please check. - TDS on Transportation Cost - Query Started By: - CHITRA RAGURAM Dated:- 4-1-2011 Other Topic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s - Got 2 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates