Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2017 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (9) TMI 43 - HC - Income TaxApplicability of section 40(a)(ia) - TDS liability u/s 194C on amount payable and not on the amount actually paid - Held that:- Section 40(a)(ia) covered not only those cases where the amounts were payable but also those where it was paid. Accordingly, the question framed is decided in favour of the Revenue and against the Assessee in terms of the Supreme Court decision in the case of Palam Gas Services v. CIT [2017 (5) TMI 242 - SUPREME COURT]. The result whereof shall be that the view taken by the Assessing Officer of disallowance is upheld and is restored.
|