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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

TDS u/s 194C - addition u/s 40(a)(ia) - purchase from various ...


TDS Not Applicable: Transactions Are Purchase Agreements, Not Works Contracts, u/ss 194C and 40(a)(ia).

August 18, 2017

Case Laws     Income Tax     AT

TDS u/s 194C - addition u/s 40(a)(ia) - purchase from various manufacturers who in turn manufacture the same as per the specifications provided by the assessee - not in the nature of works contract but it is agreements for purchase of goods simpliciter.

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