https://www.taxtmi.com/caselaws?id=186509 The Tribunal held that the assessee, UPSRTC, was only obligated to deduct tax under section 194C, not 194-I, for payments to contractors as hire charges. It dismissed the Revenue's appeal, ruling that hiring buses for passengers falls under 194C, not 194-I, based on specific provisions of the Income-tax Act and legal interpretations. The decision clarified the tax deduction requirements, emphasizing the distinction between the two sections and supported the assessee's position. en-us Thu, 18 Aug 2011 00:00:00 +0530 Tue, 07 Aug 2018 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186509 The Tribunal held that the assessee, UPSRTC, was only obligated to deduct tax under section 194C, not 194-I, for payments to contractors as hire charges. It dismissed the Revenue's appeal, ruling that hiring buses for passengers falls under 194C, not 194-I, based on specific provisions of the Income-tax Act and legal interpretations. The decision clarified the tax deduction requirements, emphasizing the distinction between the two sections and supported the assessee's position. Case-Laws Income Tax Thu, 18 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186509