TDS on contract work
This query is : Resolved
16 July 2010
Payment to courier agency is booked as freight in books and TDS is deducted @ 2% my query is that :
Either it is considered as transporter service or not
rate will be zero in case where pan is available
Either it is considered as transporter service or not
rate will be zero in case where pan is available
16 July 2010
no way this is not the case of transportation bcoz in 194C it has been mentioned that transporter is a person who hires, plying or leasing of the goods carriages
16 July 2010
Courier service cannot be said to be transport service. HenceTDS deductible.
16 July 2010
AGREED WITH EXPERTS. TDS WILL BE DEDUCTIBLE U/S 194C.
16 July 2010
agree with Akhil. For no TDS U/s 194C, the transporter should be engaged in the business of hiring/plying/leasing of goods transport carriages.
Moreover, TDS is deductible for courier oprerators.,
The carriage of documents is in the nature of carriage of goods and thus will come U/s 194C. [reffer circular 715, dated:8-8-1995].
Venkat.
Moreover, TDS is deductible for courier oprerators.,
The carriage of documents is in the nature of carriage of goods and thus will come U/s 194C. [reffer circular 715, dated:8-8-1995].
Venkat.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
