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Income Tax - Highlights / Catch Notes

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TDS u/s 194C - payments to several vendors in relation to its ...

Income Tax

July 27, 2023

TDS u/s 194C - payments to several vendors in relation to its procurements from them, consisting of apparels/ clothes/ footwear/ goods manufactured by these vendors - ‘works contract’ v/s ‘purchase of goods’ - The provisions of Section 194C were not applicable, and more particularly the agreement did not fall within the definition of ‘works contract’ - AT

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