https://www.taxtmi.com/caselaws?id=393192 The ITAT partly allowed the appeals for statistical purposes, emphasizing the importance of complying with the specific requirements under Section 194C(7) of the Income Tax Act. The matter was remitted to the Assessing Officer for a fresh order to verify compliance with Section 194C(7) and provide the appellant with an opportunity to substantiate their claim. The Tribunal rejected the AO's reliance on Explanatory Circulars, highlighting that the legislative intent was to assist small transporters, not grant immunity from TDS to all transporters. en-us Thu, 05 Mar 2020 00:00:00 +0530 Sat, 07 Mar 2020 10:33:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393192 The ITAT partly allowed the appeals for statistical purposes, emphasizing the importance of complying with the specific requirements under Section 194C(7) of the Income Tax Act. The matter was remitted to the Assessing Officer for a fresh order to verify compliance with Section 194C(7) and provide the appellant with an opportunity to substantiate their claim. The Tribunal rejected the AO's reliance on Explanatory Circulars, highlighting that the legislative intent was to assist small transporters, not grant immunity from TDS to all transporters. Case-Laws Income Tax Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393192