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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

'Work' under Section 194C - TDS on work contract - In a case ...


Section 194C TDS Exemption: Supply Agreement Part of Composite Transaction Excludes Tax Deduction Requirement.

June 11, 2012

Case Laws     Income Tax     HC

'Work' under Section 194C - TDS on work contract - In a case where three separate agreements entered into and one such agreement is agreement for supply of material and because the said agreement is a part of a composite transaction, section 194C cannot be pressed into service to deduct tax at source. - HC

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