Tax Deduction for Tanker Hire Payments Falls u/s 194C, Not 194I, Clarifying Compliance Requirements.

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....TDS on hiring charges of tanker - TDS u/s 194C or 194I - Tax is required to be deducted at source from the payments to the carrier in terms of provisions of sec. 194-C of the Act and not u/s 194-I of the Act..... - AT....