TDS on payment to transporter??

Dear Members,

Will anybody update me on TDS provision regarding Payment to transporter? As per Finance Act 2009, if transporter provide the PAN No. to the person who is going to made payment  to transporter then NIL rate of TDS has been deducted on amount charged by transporter. Is this provision is still continue or abolished? Please reply soon.

Thanks in advance

Sanjay Verma

Replies (12)

the provision is still continue.

Thanks Pujit, Can u provide the section in which it is stated...?

still same provision is there...

Section 194-C.

same provision

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.

Same Provision

this provision still exists, have a combined reading of Sec 194C and 206AA

THANKS A LOT TO ALL OF YOU....

THANKS A LOT TO ALL OF YOU....

Section 194-C.

yaar anyone plz ans my query also, posted at /forum/is-gmcs-reqd-to-be-completed-b4-appearing-4-campus-placement-152328.asp

thnx

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