https://www.taxtmi.com/caselaws?id=218525 Outcome: The tribunal ruled in favor of the assessee, holding that there was no tax withholding obligation under section 194C for truck hire payments made before the relevant amendment in June 2008. As the payments were for hiring trucks and not subcontracting work, and the turnover condition specified in section 44AB was not met, the disallowance of Rs 67,21,665 under section 40(a)(ia) r.w.s. 194 C of the Income Tax Act, 1961, was deemed invalid and subsequently deleted. en-us Tue, 31 Jul 2012 00:00:00 +0530 Mon, 19 Nov 2012 06:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218525 Outcome: The tribunal ruled in favor of the assessee, holding that there was no tax withholding obligation under section 194C for truck hire payments made before the relevant amendment in June 2008. As the payments were for hiring trucks and not subcontracting work, and the turnover condition specified in section 44AB was not met, the disallowance of Rs 67,21,665 under section 40(a)(ia) r.w.s. 194 C of the Income Tax Act, 1961, was deemed invalid and subsequently deleted. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218525