https://www.taxtmi.com/caselaws?id=265550 The High Court upheld the Assessing Officer's decision to include payments exceeding Rs. 50,000 to truck owners as subject to TDS under Section 194C, rejecting the assessee's argument that the payments were hire charges, not freight charges. The Court clarified that even partial subcontracting falls under TDS provisions and criticized the Tribunal for lacking substantial evidence in its decision-making process. Ultimately, the High Court set aside the Tribunal's order, reinstating the original assessment and ruling in favor of the Revenue. en-us Wed, 29 Jul 2015 00:00:00 +0530 Fri, 13 May 2016 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265550 The High Court upheld the Assessing Officer's decision to include payments exceeding Rs. 50,000 to truck owners as subject to TDS under Section 194C, rejecting the assessee's argument that the payments were hire charges, not freight charges. The Court clarified that even partial subcontracting falls under TDS provisions and criticized the Tribunal for lacking substantial evidence in its decision-making process. Ultimately, the High Court set aside the Tribunal's order, reinstating the original assessment and ruling in favor of the Revenue. Case-Laws Income Tax Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265550