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Query regarding 194c

This query is : Resolved 

12 May 2016 GOOD MORNING TO ALL EXPERTS,

                                I AM SOME CONFUSED ABOUT SECTION 194C(6) REGARDING TDS ON PAYMENT ON TRANNSPORTER. SIR PLEASE CLEAR MY SOME DOUBT REGARDING SECTION 194C(6).

1 -  SUPPOSE WE RECEIVED A BILTY AMOUNT AMOUNT ABOVE 30000 AND TRANSPORTER ALSO PROVIDING ME DECLERATION THEN IN THIS CASE WILL I DEDUCT TDS ON THAT AMOUNT.

2- IF WE HIRED A REGULAR TRANSPORTER  AND IF HE HAVE LESS THEN HEAVEY AND LIGHT VEHICLE . BUT HIS  ANNUALLY  PAYMENT CROSS THE LIMIT 1 LAKH. THEN WILL I DEDUCT TDS ALSO IN THAT CASE. WHILE HE PROVIDED ME DECLERATION. 

THANKS

 FOR YOUR QUICK REPLY

RAJIV

12 May 2016 1 No TDS applicable in view of declaration furnished.
2 No TDS applicable in view of declaration furnished.

12 May 2016 TDS need not be done on the strength of the declarations by the transporters respectively


12 May 2016 if declaration give by the transporter then TDs not applicable.

12 May 2016 thanks to all experts

13 May 2016 You are most welcome



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