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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

TDS u/s 194C OR 194I - payment made by assessee to the Carrier ...


High Court rules TDS on payments for transporting petroleum products falls u/s 194C, applicable to transport contracts.

April 4, 2018

Case Laws     Income Tax     HC

TDS u/s 194C OR 194I - payment made by assessee to the Carrier under the contracts for transporting the petroleum products in the business in which the respondent assessee is engaged - the contract involved exclusive use of vehicles by the respondent assessee in carrying on its business - TDS would be deducted u/s 194C - HC

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