One of My Client Supplies goods to its dealers on "Freight to Pay Basis". But he doesnot deduct TDS on that. Whether this is in line with the applicable TDS provisions under Section 192C.
Ankit Kankariya (Article Trainee) 25 July 2014
One of My Client Supplies goods to its dealers on "Freight to Pay Basis". But he doesnot deduct TDS on that. Whether this is in line with the applicable TDS provisions under Section 192C.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 29 July 2014
Every person responsible for making payment of nature covered by TDS provisions of Income Tax Act shall be responsible to deduct tax.Means dealer turnover exceeds statutory limits.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
