9911796707
TMI Blog1998 (4) TMI 521X X X X Extracts X X X X X X X X Extracts X X X X ..... The petitioner who is a contractor has sought for two reliefs, i.e., (i) to deduct tax at source at the rate of 1 per cent on material component involved in agreement No. LS/40/AIBP/GVC-4/1997-98 dated March 11, 1998 entered into by the petitioner with the second respondent and (ii) not to deduct tax at source on items relating to excavation of earth work involved in the said agreement dated March ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is stated that part of the work relates to earth work excavation. If no earth is brought from outside source, we direct that no tax shall be collected at source. As regards the rate of tax on the value of the materials had in other items of work, in view of the nature of the work, obviously the tax deduction at the rate of 1 per cent is applicable as per clause (ii) of rule 17-G(1). 5.. We, the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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