Kumar Gaurav
(Going...to be C.A soon...)
(1624 Points)
Replied 10 June 2010
Hi
No, TDS shud be deducted u/s 194c
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 10 June 2010
TDS should be deducted u/s 194C
Ashish Sharma
(Service)
(1028 Points)
Replied 10 June 2010
Agree with Gurdeep singh as plying, hiring of goods carriage does not constitute carriage of courier(Postage).
CA,CS, ICWA Inter MANOJ KEDIA
(Working With Educomp)
(99 Points)
Replied 10 June 2010
ya
i am agreed with my friends
CA Priya
(CS Final)
(1049 Points)
Replied 10 June 2010
Hello courier is not covered under exemption............. So TDS is to be deducted as per Contractors provisions ok................ Cheeeeeeeeeers
Dinesh reddy
(Assistant Accounts Manager)
(48 Points)
Replied 10 June 2010
yes,TDS should be deducted.
Ram Prakash Gautam
(Manager Accounts & Taxation)
(1006 Points)
Replied 11 June 2010
dear frnds,
tds should be deducted u/s 194c on courier. if ind/huf than 1 % & if other than 2%
Deepika Agarwal
(CA practice)
(93 Points)
Replied 11 June 2010
courier services is covered u/s 194C so TDS should be deducted if single payment is Rs.20000 or aggregate payment during Financial year Rs. 50000. and this limit is extended from july,2010 onwards i.e. if single payment then Rs.30000 or aggregate payment during FY then Rs. 75000.
CA.TAPAS DALAR
(CHARTERED ACCOUNTANT)
(130 Points)
Replied 11 June 2010
TDS should be deducted under section 194C on courier services @ 1% on individual & HUF and @ 2% on company and others...
CA. MAHESH GARG
(ca)
(22 Points)
Replied 12 June 2010
It is not the business of hiring and plying carraige services, it is a contract to serve/deliver the postals/articles
Nitin Sewal
(Audit Assistant)
(69 Points)
Replied 14 June 2010
Hi Friends,
I have an another query regarding TDS on courier service. When big courier agency like Fedral Express, Blue Dart,etc. transported goods ( almost 100 k.g or 500 k.g material) through his own trasport, then how it will treat for TDS purpose ? Is it treated as Courier or Freight ? Please give me a clarification.
CAclubindia
