Exempted TDS on Trasport Agency

[krishna besta]

Dear Sir,

 

We are on the confussion on Exempted TDS for Trasport agency as on 01.10.2009 on wards and the notification said that intimate the authority with in the specified format. What is the format to intimate the Department.

 

Regards,

Krishna.B

[Krishan K Dalmia]

We have some companies declaring in there quaterly TDS return by majority of companies/assessee are not filling the same

 

AI Summary

Exempted TDS for Transport Agencies requires specified intimation; many assessees fail to file it in practice.
Query concerns the Exempted TDS treatment for transport agencies and the requirement to intimate the tax authority in a specified format; the reply notes that some companies report this in their quarterly TDS returns while most assessees are not submitting the prescribed intimations in the specified format.