HELLO EXPERTS,
1.PLEASE CLARIFY THAT WHETHER WE ARE REQUIRED TO DEDUCT TDS ON AIR TRANSPORT CHARGES?
2. WHETHER EXEMPTION U/S 194C IS AVAILABLE TO GOODS TRANSPORTER AGENCY ONLY OR TO ANY TRANSPORTER?
WE HAVE A PAN NO. OF ASSESSEE PROVIDING AIR TRANSPORT SERVICE TO US
PLEASE QUOTE ANY CASE LAW TO SUPPORT THE ANSWER.
THANKS IN ADVANCE
HAVE A NICE DAY
HI Anup
if any transport contractors provided Pan No. to Deducter then TDS is not applicable. Transport contractors means Tranport on truck on road. here is not difine which type of service provide. if trasport by truck than tds is not applicable.
if transport contractores service provide as air freight , rail freight , then tds is applicable.
Thanks & Regards
Suraj pahuja
pahujasurajandassociates @ gmail.com
As per the amended section 194C, through Finance Act (2) of 2009, No deduction shall be made from any payments made to a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his PAN to the deductor.
With Effect from 1.6.15, TDS is applicable if GTA owns more then 10 carriage. Please note GTA will not get exemption even if they provide the PAN
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