TDS on Transport Contractors

This query is : Resolved 

21 March 2011 Is there any TDS to be deducted on transport contractors? if yes from when ? and at what rate?

Rushikesh Kuncolienkar

21 March 2011 Sec 194C Applicable.

If PAN provided by transporter TDS need not be deducted. If PAN not provided TDS need to be deducted @20%.

If Single Bill is below Rs. 30000/- and Annual Payment below Rs. 75000/- no need to deduct TDS even if PAN is not provided.

21 March 2011 yes, for only transporter if PAN provided non deduction otherwise @20%




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