Deduction of tax at source-Section 194C of the Income-tax Act, 1961-Deduction from payments to contractors and sub-contractors in bidi manufacturing industry-Clarification regarding

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....ication regarding Circular No. 487 Dated 8/6/1987 Under file No. 275/30/82-IT(B) dated 25-9-1985, a Circular No. 433* was issued clarifying that the provisions of section 194C of the Income-tax Act, 1961, would apply in respect of payments made to Munshis and that would apply to payments under oral contracts also. The payments to Munshis which would be hit by the provisions of section 194C cove....