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2015 (12) TMI 1714 - AT - Income TaxTDS u/s 194C OR 194I - TDS liability on crane hire charges - Held that:- The issue arising in the present appeal is squarely covered by the order of Tribunal in Bharat Forge Ltd. Vs. Addl.CIT [2013 (11) TMI 1263 - ITAT PUNE]. The amended provisions of section 194I came into effect from 13.07.2006, under which the definition of rent was amended to include the rent on plant as defined in section 43(3) of the Act. The year under appeal is financial year 2006-07 i.e. up to 31.03.2006, hence, the amended provisions of section 194I are not attracted. The assessee was duty bound to deduct tax at source under the provisions of section 194C of the Act @ 2% out of crane hire charges. The assessee had deducted the said tax at source @ 2%, hence, there is no default attributable to the assessee in this regard. - Decided against revenue
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