Section 393(4); Table [For No Deduction at Source]-Payment to contractors

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.... Condition for No Deduction 8 Payments to contractors referred to in Section 393(1) [Table: Sl. No. 6(i)] No tax shall be deducted where the conditions specified in clauses (a) or (b) are satisfied. Effect of the provision Although payments to contractors are ordinarily subject to TDS under Section 393(1), Table: Sl. No. 6(i), no tax is required to be deducted where the ....