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2013 (9) TMI 960 - HC - Income TaxSub-agent to deduct TDS – Deduction of TDS to be made u/s 194C of the Income Tax Act - Assessee was engaged in the business of advertising working as an agent in some newspapers – Disallowance of the expenses i.e. Rs.29,78,272/- and added to the income of the assessee under Section 40(a)(ia) of the Act – Held that:- Assessee acted as sub agent and whatever amount was received from the client the same was paid to the five agencies, who in fact deducted the TDS from the payment - Assessee acting as sub agent was not supposed to deduct TDS from the payment so made to various advertising agencies as per the provisions of Section 194C of the Act - Various advertisement agencies of whom the assessee worked as sub agent they deducted the TDS from the payment of such advertisement – Decided against the Revenue.
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