if transporter paid warehouse charges on behalf of us whether we have t o deduct tds on transport bill after 1.06.2015.
eg- freight bill-.10000
warehouse charges-60000
total transport bill is 70000 in which he has paid different warehouse to rs. 60000 on behalf of us
Clarification Sought on TDS Deduction for Transport Bills Post-June 1, 2015, Including Warehouse Charges. A query was raised regarding the deduction of Tax Deducted at Source (TDS) on a transport bill after June 1, 2015. The issue involves whether TDS should be deducted when a transporter pays warehouse charges on behalf of a company. In the given example, the total transport bill amounts to 70,000, including 10,000 for freight and 60,000 for warehouse charges paid by the transporter. (AI Summary)
Income Tax