No TDS Liability for JV Payments u/s 194C as No Subcontractor Relationship Exists Among JV Partners.

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....TDS u/s 194C - non deduction of tds on payments made to subcontractors - members of JV decided to form a JV only to secure the orders and execution of the orders will be done by one of the constituents of the JV - Thus there is no subcontract relationship existed between JV partners - No TDS liability - AT....