During financial year 2010-11, one of my clients Paid transportation charges to one sri vinayakatransporters for lifting iron ore from Hospet in Karnataka and transport to Krishnapatnam port in Andhrapradesh. The transporter provided his Pan to my Client. My client submitted Pan and non deduction particulars before Nsdl. His case was selected for scrutiny for the assessment year 2010-11. The Assessing officer is insisting for Pan particulars of individual truck owners and not the pan number of transport contractor. My client don't have any direct contact with individual truck owners. The transporter has given transport bill containing particulars of trips made, rate, quantity transported. Please give me advice on this issue.
TDS ON TRANSPORT CHARGES
CHAKRALA NARASIMHAM
Client Faces Scrutiny Over Transport Payments; Lacks Individual Truck Owners' PANs; Seeks Resolution for 2010-11 Tax Year A client paid transportation charges to a transport contractor for moving iron ore from Karnataka to Andhra Pradesh during the financial year 2010-11. The contractor provided their PAN, which was submitted to NSDL, but the client's case was selected for scrutiny. The assessing officer demands PAN details of individual truck owners, which the client does not have, as they dealt only with the contractor. The client seeks advice on how to address this issue. A respondent inquired if the issue was resolved, indicating ongoing uncertainty. (AI Summary)
TaxTMI
TaxTMI