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TDS on freight

This query is : Resolved 

08 May 2008 Sir/ madam,

Facts of my querry are as follows:
(i) If truks are sent through some transport, say ABC Trasnport to the factory.
(ii) But trucks Registration no. is different in every case.
(iii) And payment made to each truck does not exceed Rs. 20000.
(iv) But every Bilty is raised on ABC Trasport name. That exceeds Rs. 20000.

As every person except indvidual has to deduct tds on freight payment if exceeds Rs. 20000 under section 194C.

Plz guide me whether TDS is compulsory in the case mentioned above.

Thks & Rgds.


08 May 2008 Dear Mittal,

According to section 194 C , it says that TDS will be applicable if one bill crosses 20,000 Rs or an aggregate of such bills crosses 50,000 Rs in a particular year, so if either one of the above cases are satisfied TDS will be applicable under Contractors..

Hope your doubt is clarified now..


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