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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.

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Income Tax April 4, 2018 Case Laws 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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Acts Income Tax