https://www.taxtmi.com/caselaws?id=311651 ITAT Mumbai ruled that members of a Joint Venture executing highway construction work under NHAI contract are not sub-contractors requiring TDS deduction u/s 194C. The tribunal held that JV members work independently on divisible contract portions with separate profit/loss responsibilities, not as sub-contractors to each other. Each member operates as independent entity with specific technical capabilities for designated work portions. AO's presumption that JV constituted main contractor-sub-contractor relationship was rejected. CIT(A)'s decision allowing assessee's claim and rejecting TDS obligation was upheld. Appeal decided against revenue. en-us Wed, 06 Jun 2018 00:00:00 +0530 Sun, 07 Jan 2024 21:01:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311651 ITAT Mumbai ruled that members of a Joint Venture executing highway construction work under NHAI contract are not sub-contractors requiring TDS deduction u/s 194C. The tribunal held that JV members work independently on divisible contract portions with separate profit/loss responsibilities, not as sub-contractors to each other. Each member operates as independent entity with specific technical capabilities for designated work portions. AO's presumption that JV constituted main contractor-sub-contractor relationship was rejected. CIT(A)'s decision allowing assessee's claim and rejecting TDS obligation was upheld. Appeal decided against revenue. Case-Laws Income Tax Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311651