https://www.taxtmi.com/caselaws?id=220208 The Tribunal ruled in favor of the assessee regarding the interpretation of Section 40(a)(ia) of the Income Tax Act, 1961, stating the assessee acted as an intermediary in the lorry booking business. It was held that the assessee was not liable to deduct TDS under Section 194C as it functioned as a facilitator or intermediary without a direct contract for carriage of goods. The court emphasized the factual nature of the contractual relationships and upheld the Tribunal's decision, dismissing the appeal and highlighting the precedent set by a similar case, Cargo Linkers. en-us Wed, 09 Jan 2013 00:00:00 +0530 Fri, 28 Jun 2013 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220208 The Tribunal ruled in favor of the assessee regarding the interpretation of Section 40(a)(ia) of the Income Tax Act, 1961, stating the assessee acted as an intermediary in the lorry booking business. It was held that the assessee was not liable to deduct TDS under Section 194C as it functioned as a facilitator or intermediary without a direct contract for carriage of goods. The court emphasized the factual nature of the contractual relationships and upheld the Tribunal's decision, dismissing the appeal and highlighting the precedent set by a similar case, Cargo Linkers. Case-Laws Income Tax Wed, 09 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220208