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2018 (4) TMI 90 - KERLA HIGH COURTTDS u/s 194C OR 194I - TDS not having been done for the vehicles hired by the respective assessee - Held that:- The Tribunal was perfectly correct in so deciding the issue. Section 194C of the Act speaks of any payment made to any resident, referred to as a contractor, for carrying out any work including supply of labour, in pursuance of a contract between the contractor and a specified person. Here, the contract if at all, is between the assessee and the principal being M/s.Logos Logistics (P) Ltd. The hiring of vehicles, on the conditions above noticed, does not fall within the ambit of Section 194C of the Act. We also notice that from 01.06.2007 definitely deduction would have to be made at source even for hiring of vehicles as Section 194-I of the Act stands amended to bring in such transactions also. The questions of law for the subject assessment years is answered against the revenue and in favour of the assessee.
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