Please Help: TDS U/S 194 C
Posted Date : 20-Apr-2012 , 03:33:01 pm | Posted By: JALAK VORA
Category :
Income Tax | Answers :
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Comments :
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Friends i have quarry pl. help to sort out it.
Transportation facility for employees from their home to factory whether TDS required to deduct u/s 194 C or any other section.
& as transportation facility provided than exempt from deduction TDS if having PAN tn on this basis it is exempt from deduction TDS ??? |
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Answers:
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Answer by: Mrattunjay |
Yes, required to deduct TDS u/s 194C and no deduction allowed on the basis of havin PAN by deductee , only applicable rate applies in place of rate 20% if not having the PAN nO.
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Answer by: CA VIPIN GARG |
Dear Jalak, TDS will not be require to be deducted of the transporter in the above case..........
Hope you got the answer you were looking for, have a nice day.......
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Answer by: Madhu Kiran |
Yes TDS is required under 194C...
The Act says transportation of goods is exempted... Here in this case TDS will applicable.
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Answer by: Rambabu Senkarasetti |
yes TDs is required
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Comments |
Posted By : Yogesh Bhardwaj |
21-Apr-2012, 03:28:16 |
No TDS will be deducted as this is an allowances & it is exempt upto 800 p.m. Then it will become taxable under the head salary income.
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