2007 (12) TMI 212 - SCH - Income Tax

M/s. Gujarat Ambuja Cement Ltd. entered into a contract with the respondent - Respondent assessee is a society - Its members consist of truck operators -The question which arose before the HC was whether assessee was liable or not liable to deduct TDS u/s 194C - In our view, the afore-stated question is a substantial question of law - HC ought to have decided the said question. It ought not to have dismissed the appeals summarily - matter remitted to the High Court

Summary

The Supreme Court granted leave in a case involving M/s. Gujarat Ambuja Cement Ltd. and M/s. Sirmour Truck Operators Union regarding the liability to deduct TDS under Section 194C of the Income Tax Act. The Court found the question to be substantial and remitted the matter back to the High Court for consideration. The Appeals were disposed of with no order as to costs.