TaxTMI 
TaxTMI 
2010 (4) TMI 1229
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....I DEVI : The assessee has filed this Petition for stay of the demand of tax of ₹ 16,20,685/- out of the total demand of ₹ 24,70,685/-. 2. The brief facts of the case are that the assessee is engaged in the business of goods transport. It hired certain trucks for transportation of goods for various customers to different destinations and has accordingly paid hire charges. During the a....
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....e reiterating the submissions made by the assessee before the AO, submitted before us that the assessee is not entering into any contracts with the lorry owners but has just hired the lorries for the transportation of the goods of its clients and therefore, the payment of hire charges is not liable for TDS u/s 194C of the I T Act. In support of this contention, he placed reliance upon the decision....
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....ercive steps for the recovery of the entire outstanding demand. 5. The learned DR, on the other hand, relied on the orders of the authorities below on the merits of the addition and submitted that the assessee has also not proved the financial difficulties for making the payment of the outstanding tax and therefore, the stay need not be granted. 6. Having heard both the sides and having consider....