TDS on logistics


This query is : Resolved 

Quick Summary
This discussion clarifies that TDS for logistics companies falls under Section 194C, relating to payments to contractors and sub-contractors. It addresses a common point of confusion regarding the section number (94C vs 194C) and confirms that the correct section is 194C, with a tax deduction rate of 2%. The NSDL-TIN website's display of '94C' on challans is explained as an omission of the '1', meaning it still refers to the correct 194C remittance.

05 May 2022 TDS deducted for logistics company comes under which (Section) nature of payment?
What is the difference between section 94c and 194c under TDS?

05 May 2022 TDS for logistics applicable under section 194c 2% tax deductible.
94C, it's 194C only 1 is missing.

05 May 2022 Thank you Sir. NSDL-TIN website
When I login to the above website for e-payment of TDS Nature of payment shows only 94C - Payment of contractors and sub-contractors, What should be done for TDS on logistics 194C

05 May 2022 In the challan 1 is omitted, hence it's 194C remittance only.

05 May 2022 Thank you sir for your reply

05 May 2022 Thank you sir for your reply

05 May 2022 You are welcome.........


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Follow