Tds transport rate

This query is : Resolved 

19 December 2014 how much tds will be deduct for contract transport in our company

19 December 2014 If PAN is provided by transporter then TDS not required to be deducted.

19 December 2014 Under Section 194C, no TDS required to be deducted if payee being a Transporter provide his PAN to deductor. if not Tax at rate 20% need to be deducted


20 December 2014 if transporter have valid pan the NO TDS is required u/s 194C.



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