TDS of freight in A.Y. 2015-16

whether TDS u/s 194C on freight charges was applicable fir A.Y. 2015-16 or not ?
please guide.
Replies (4)
Yes it's applicable for a. y. 2015-16
But one cannot file tds return for ay 2015-16 now.
@ Mr Ajay upadhyay.,

Yes... TDS applicable u/s 194C.
There is no rationale for exempting payment to all transporters, irrespective of their size, from the purview of TDS, it is proposed to amend the provisions of section 194C of the Act to expressly provide that the relaxation under sub-section (6) of section 194C of the Act from non-deduction of tax shall only be applicable to the payment in the nature of transport charges (whether paid by a person engaged in the business of transport or otherwise) made to an contractor who is engaged in the business of transport i.e. plying, hiring or leasing goods carriage and who is eligible to compute income as per the provisions of section 44AE of the Act (i.e a person who is not owning more than 10 goods carriage at any time during the previous year) and who has also furnished a declaration to this effect along with his PAN.

This amendment was effective from 1st June, 2015.

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