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I transport my goods from my factory in a local Auto and the freight is less than 1000. I pay by cash. Should I deduct TDS here. If yes, what is the percentage of TDS I should deduct
No. You need not deduct any TDS. If you take a declaration from the transporter that he does not own more than 10 vehicles, then any payment to such vendor is exempt from TDS.
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Wazzeer Professional Network
ProfessionalI transport my goods from my factory in a local Auto and the freight is less than 1000. I pay by cash. Should I deduct TDS here. If yes, what is the percentage of TDS I should deduct
-
Wazzeer Professional Network
ProfessionalNo. You need not deduct any TDS. If you take a declaration from the transporter that he does not own more than 10 vehicles, then any payment to such vendor is exempt from TDS.
over 4 years ago
View answer
I transport my goods from my factory in a local Auto and the freight is less than 1000. I pay by cash. Should I deduct TDS here. If yes, what is the percentage of TDS I should deduct
-
Wazzeer Professional Network
ProfessionalNo. You need not deduct any TDS. If you take a declaration from the transporter that he does not own more than 10 vehicles, then any payment to such vendor is exempt from TDS.
over 4 years ago
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