Tds

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YAGNESH HASMUKH DAVE (Querist)
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10 June 2016 OUR IS PARTNERSHIP CONCERN CARRYING BUSINESS OF BUILDER & REQUIRED TO PAY TRANSPORT CHARGES TO THE TRANSPORTERS HAVING TRANSPORT CHARGES BILLS MORE THEN 1LAKH & 2 LAKHS DURING THE YEAR 1-04-2011 TO 31-03-2012.

THE TRANSPORT BILL SHOWS I TAX PA/C NO ON THE BILLS WHETHER DEDUCTION OF TDS @1% U/S194C IS APPLICABLE TO THESE PAYMENT DURING THE ABOVE YEAR

Rupesh Jain

Rupesh Jain (Expert)
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10 June 2016 your transport bill in a year Rs. 100000/- then no tds to be required and also you can take declaration from them then they have not more than owned 10 vehicle then no tds required to deduct u/s 194C.

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YAGNESH HASMUKH DAVE

YAGNESH HASMUKH DAVE (Querist)
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10 June 2016 sir my query is for year 1-4-2011 to 31-03-2012 and whether for that period tds dedcution is required or not

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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27 July 2025 Thanks for the detailed question!

**Regarding TDS on Transport Charges under Section 194C for the financial year 2011-12:**

1. **Applicability of Section 194C:**
Section 194C requires deduction of TDS on payments made to contractors, including transporters, for carrying out any work (including supply of labor for carrying out any work).

2. **Threshold Limits (for FY 2011-12):**
For the financial year 2011-12 (Assessment Year 2012-13), the threshold limit for deduction of TDS under Section 194C on transport charges was **Rs. 1,00,000** per annum per transporter.

3. **Rate of TDS:**
The rate of TDS on transport charges was **1%**.

4. **PAN Availability:**
Since the transporters have provided their PAN on the bills, TDS must be deducted at the specified rate of 1%.

5. **Your Case:**
If your partnership concern paid transport charges exceeding Rs. 1,00,000 to a transporter during 1-4-2011 to 31-3-2012, you are required to deduct TDS at 1% on the amount paid.

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**Summary:**

* Transport charges paid > Rs. 1 lakh during FY 2011-12 —> TDS @1% is **applicable**.
* Transporter’s PAN is available —> deduct at 1% (not higher rate).
* If PAN not available —> deduct at higher rate (20%).

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If you need help with how to deduct or deposit TDS, let me know!

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