Tds on transportat

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B.S.P.KIRAN

B.S.P.KIRAN (Querist)
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19 February 2013 SIR

i WANT TO KNOW THE APPLICABILITY OF TDS ON TRANSPORTATION CONTRACTS IN DETAILED

Guest

Guest (Expert)

19 February 2013 DEAR,

PAYMENT MADE TO TRANSPORTER WILL FALL UNDER THE CATEGORY OF PAYMENT TO CONTRACTOR AND HENCE SECTION 194-C WILL BE APPLIED IN THIS CASE,,,,

IF YOU GET THE PAN CARD OF THE TRANSPORTER TOWHOM YU ARE GOING TO MAKE PAYMENT THEN THERE IS NO REQUIREMENT TO DEDUCT TDS ON PAYMENT OF ANY AMOUNT...

IF YOU DONT GET PAN CARD THEN DIRECTLY 194-C APPLY AND ONCE CROSS LIMIT GIVEN UNDER THAT, 20% TDS TO BE DEDUCTED