TDS ON TRANSPORT OF GOODS


This query is : Resolved 

(Querist)
12 October 2009 is it applicable to Transport of Goods by Courier/ Cargo also.




12 October 2009 194c of incometax act if one time payment exceeds 20000.00 or aggregate payments exceds rs50000.00 in a year.then it will be liable to tds.

Sanjiv (Querist)
12 October 2009 FROM 01/10/09 transporters are exempts from TDS Deduction. whether transport of goods by courier/cargo is also exempt.

Sanjiv (Querist)
12 October 2009 Dear Mr. Sunny Bansal, Please go through the latest amendments in TDS Provisions regarding TRANSPORTERS


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