https://www.taxtmi.com/caselaws?id=180726 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee was not liable to deduct tax under Section 194C for hire charges. Additionally, it was held that the payments for hired vehicles did not fall under sub-contract payments, exempting the assessee from TDS obligations under Section 40(a)(ia). The Tribunal also affirmed the reduction of expenses to Rs. 1,00,000, rejecting the revenue's appeal. The decision was based on a detailed factual analysis, leading to the dismissal of the revenue's appeal. en-us Wed, 28 Mar 2012 00:00:00 +0530 Fri, 07 Jul 2017 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180726 The Tribunal upheld the CIT(A)'s decision, ruling that the assessee was not liable to deduct tax under Section 194C for hire charges. Additionally, it was held that the payments for hired vehicles did not fall under sub-contract payments, exempting the assessee from TDS obligations under Section 40(a)(ia). The Tribunal also affirmed the reduction of expenses to Rs. 1,00,000, rejecting the revenue's appeal. The decision was based on a detailed factual analysis, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Wed, 28 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180726