2008 (4) TMI 309 - SCH - Income Tax

Appeal to High Court - whether freight paid by the assessee (AOP) to truck owners who in turn are members of the said AOP is subject to TDS under Section 194C(2) of the Income Tax Act - impugned order of the High Court stating that no substantial question of law arises is set aside - we remit the matter to the High Court for reconsideration in accordance with law.

Summary

The Supreme Court of India allowed the appeal and remitted the matter to the High Court for reconsideration regarding the determination of whether freight paid by the assessee to truck owners is subject to TDS under Section 194C(2) of the Income Tax Act. (Citation: 2008 (4) TMI 309 - SC Order)