TaxTMI 
TaxTMI 
Hi
Is it TDS applicable in case of payment to Transporters u/s 194C(1) and (2) (registered as Pvt Ltd company)?
Kind regards,
Umesh Chandra
Applicable of TDS to transporters -194(C)
04 Apr 2015 
1 Reply 
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TDS applicability to transporters applies when transporter exceeds the statutory vehicle-ownership threshold; otherwise no withholding.
TDS on payments for transport services is chargeable where the transporter exceeds the statutory vehicle ownership threshold; transporters below that threshold are not subject to TDS, and liability is determined by ownership of goods carrying vehicles rather than corporate form. (AI Summary)
TDS on payments for transport services is chargeable where the transporter exceeds the statutory vehicle ownership threshold; transporters below that threshold are not subject to TDS, and liability is determined by ownership of goods carrying vehicles rather than corporate form. (AI Summary)