TDS u/s 194c

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shaikh irshad (Querist)
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25 September 2008 An indian Private limted company made payments to indian railway towards freight charges for transporting the cargo on regular basis. whether the tax will be deducted at source u/s 194c of income tax Act?

Vikas Mehta

Vikas Mehta (Expert)
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25 September 2008 Yes, Tax would be deducted u/s 194C if the payment is more than 20000/-

If railway got any exemption in terms of TDS then no deduction.

Ravikumar.G

Ravikumar.G (Expert)
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25 September 2008 But as per Sec 194C Contract Means : Transport contract for carriage of goods and passengers by any mode of transport OTHER THAN BY RAILWAYS.

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K V Subba Rao

K V Subba Rao (Expert)
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25 September 2008 Pl. visit

https://www.caclubindia.com/forum/messages/2007/12/5209_tds_on_payment_of_railway_freight.asp