https://www.taxtmi.com/caselaws?id=418223 Payments made by a regulated meal-voucher facilitator to affiliates on redemption of vouchers were not payments for carrying out work under section 194C because the assessee merely held customer funds in escrow and remitted the voucher value to merchants supplying goods. The service charges were taxed separately, and the redemption remittances did not fit the contractor-work nexus required for TDS under section 194C. Accordingly, the proposed liability under sections 201(1) and 201(1A) was not sustainable on this factual and regulatory structure. en-us Wed, 15 Dec 2021 00:00:00 +0530 Fri, 11 Feb 2022 07:21:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418223 Payments made by a regulated meal-voucher facilitator to affiliates on redemption of vouchers were not payments for carrying out work under section 194C because the assessee merely held customer funds in escrow and remitted the voucher value to merchants supplying goods. The service charges were taxed separately, and the redemption remittances did not fit the contractor-work nexus required for TDS under section 194C. Accordingly, the proposed liability under sections 201(1) and 201(1A) was not sustainable on this factual and regulatory structure. Case-Laws Income Tax Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418223