TDS on Contractor (194-C)

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dipson (Querist)
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02 May 2011 Kindly provide the definition of "transport operator" as applicable for exemption under section 194-C. Nature of works that are so called as transportation of goods.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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02 May 2011 Under Section 194-C Transport Operator or Transport Contractor like phrases have not been embedded.

Sub Section 6 of Section 194C in simple terms can be understood as -

in case the contractor who is engaged in the business of plying, hiring or leasing goods carriages and produces permanent account number, TDS is not required to be deducted when either any sum is being paid or credited to him.