is TDS applicable to transport contractor
This query is : Resolved
06 October 2009
Dear,
we ve hired the vehicle(i.e scorpio/indica/staff bus for our company.
so is tds applicable on these mentioned transport service w.e.f 01.10.2009.
we ve hired the vehicle(i.e scorpio/indica/staff bus for our company.
so is tds applicable on these mentioned transport service w.e.f 01.10.2009.
06 October 2009
Yes applicable.
The exemption is applicable for goods carriage only. Not applicable if the vehicle is for transport of passengers.
You may visit the following link for further input : -
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=256915
You may also check, whether you are falling under section 194I
The exemption is applicable for goods carriage only. Not applicable if the vehicle is for transport of passengers.
You may visit the following link for further input : -
https://www.caclubindia.com/experts/experts_message_display.asp?group_id=256915
You may also check, whether you are falling under section 194I
06 October 2009
agree
06 October 2009
dear ,
we are deducting tds u/s 194 c(2%).so could u pl. confirm for tds deduction is still applicable on above transportation chgs.
we are deducting tds u/s 194 c(2%).so could u pl. confirm for tds deduction is still applicable on above transportation chgs.
07 October 2009
Since the vehicles mentioned by you are not goods carriage as defined in section 194C, the exemption is not applicable in your case. Please continue deducting TDS.
Further, the rate has undergone change w.e.f. 01.10.09.
If the deductee is indivisual/huf 1%
in any other case 2%
Further, the rate has undergone change w.e.f. 01.10.09.
If the deductee is indivisual/huf 1%
in any other case 2%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- GST ITC REVERSE
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Consolidated financials
- Tds on commission charges
- Regarding Applicability of Tax Audit u/s 44AB
- TDS on TRUST
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
