Section 194C TDS Not Applicable: Payments to Jobbers, Arbitragers in Profit-Sharing Deal Are Principal-to-Principal.

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....TDS u/s 194C - profit sharing - provisions of section 194C of the Act are not attracted in this case as the payments made by the assessee to jobbers / arbitragers represent share of the jobbers / arbitragers under the agreement which is on principal to principal basis - AT....