Tds On Transpotation charges

If the transporter Owning not more than 10 goods carriages
what Tds applicable this F.y 2021-22
Replies (2)
Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) applicable to transportation charges for the financial year 2021-22. Specifically, it addresses Section 194C(6) of the Income Tax Act. If a transporter owns ten or fewer goods carriages and provides a declaration along with their PAN, TDS is not required on payments made to them. This exemption applies as long as the declaration is furnished to the payer.

194C(6) – No deduction shall be made from any sum credited or paid or likely to be credited or paid during the previous year to the account of a contractor during the course of business of plying, hiring or leasing goods carriages, where such contractor owns ten or less goods carriages at any time during the previous year and furnishes a declaration to that effect along with his Permanent Account Number, to the person paying or crediting such sum.
If the Transporter submits declaration with PAN, than having less than 10 vehicle than tds not required

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