TDS on Payments to Transporters- Amendment to Section 194C + Undertaking Format

Extract of Section 194C(6) of Income Tax Act, 1961

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.

Format of Declaration Under Section 194C(6) For Non – Deduction of Tax at Source (TDS) to be furnished by the Transporter wef 01.06.2015 i.e. NO TDS in case where such transporter owns ten or less goods carriages at any time during the previous year and furnishes a declaration to such effect, along with PAN.

To,

Taunisha Consultancy Services

Address:

Declaration

I, Name of vehicles owner, Proprietor/ Partner/ Director of M/s Name of the company or firm and address of the company, (hereinafter “The Contractor”) do hereby make the following declaration as required by sub section (6) of section 194C of the Income Tax, 1961 for receiving payments from the payer without deduction of tax deduction at source (TDS).

1. That name of party authorized to make this declaration in the capacity as proprietor/ partner/ Director.

2. That the contractor is engaged by the payer for hiring or leasing of goods carriage for its business.

3. That I have not own more than ten goods carriage vehicles as on date.

4. That if the number of goods carriages owned by the contractor exceeds ten at any time during the previous year 2017-18 (01-04-2017 to 31-03-2018), the contractor shall forthwith, in writing intimate the prater of this fact.

5. That the Income Tax permanent account number (PAN) of the contractor is …………………… A photocopy of the same is furnished to the payer along with this declaration.

Place:

Dated:

Declarant

Verification

I the above-named declarant do hereby verify that the contents of paragraphs one to five above are true to my own knowledge and belief and no part of it is false and noting material has been concealed in it.

Place:

Dated:

Name of the Declarant

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10 Comments

  1. sankar says:

    TDS declaration form has to be received every year from the transporter?
    If yes, whether it is for current year or Previous year ?
    In case, We failed to deduct in Previous year by lack of awareness,what will be the solution ?
    Reply plz

  2. Mahesh Sathawara says:

    Declration Certificate can make only CA or Any one person. Transporter’s Accountant Can do it ?. My transporter issue TDS Declaration Certificate Just Now. He wrote Date 31.10.20 in below side of certificate and period wrote in it from 01.04.20 to 31.03.20. My Cell No. 800501920.

  3. Karthik says:

    Sir,
    Transporter doesn’t have any own vehicle but he gave for TDs declaration for exemption for detection. He doing hire from market.

    Kindly clarify whether TDS applicable for the transporter.

  4. roushan kumar singh says:

    whose pan no required in last line of the declaration? i mean transport owner pan no or company where vehicle work for.

    please reply please

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