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2015 (11) TMI 1528 - AT - Income TaxTDS u/s. 194C - labour charges, carriage inward charges and hire charges for non-deduction of TDS - Held that:- We are inclined to set aside the issue to the file of the AO and accordingly, we direct the AO to verify whether the recipients have included the income in their respective returns and also paid taxes on the same. The assessee will provide the details of recipients i.e. their assessment particulars etc. to the AO so that the AO can verify. In case the recipient parties are not cooperating in providing details, the AO can call for the information u/s. 133(6) of the Act for verification of the same. Accordingly, this issue is remitted back to the file of AO to decide in terms of the above directions. - Decided in favour of assessee for statistical purposes Disallowance of interest - Held that:- At the time of hearing Ld. Counsel for the assessee fairly stated that the issue can be set aside to the file of the AO for verification of availability of interest free funds invested in interest free loans. In view of the above plea of the assessee, we remit the issue back to the file of the AO with the direction to follow the decision of Reliance Utilities & Powers Ltd. [2009 (1) TMI 4 - BOMBAY HIGH COURT ] and accordingly, decide the issue.- Decided in favour of assessee for statistical purposes
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