Tds on transport charges paid on purchase of machinery

This query is : Resolved 

23 July 2012 Dear All

whether tds is deducted on payment of transport Charges paid exceeding Rs.30000/- in single bill on purchase of machine by newly company u/s 194c or not .......
Plz reply

23 July 2012 No deduction shall be made from any sum credited or paid or likely to be credited or paid during the previous year to the account of a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his Permanent Account Number, to the person paying or crediting such sum.

23 July 2012 NO TDS ON TRANSPORTER PROVIDED PAN NO IS GIVEN....
IF NO PAN TDS IS DEDUCTED 20%


23 July 2012 No TDS shall be deducted on amount paid to Transporters provided PAN No. is fiven by the Transporter.



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