Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (10) TMI 727 - AT - Income TaxShort deduction of TDS - TDS u/s 194C OR 194I - Held that:- There is no dispute even as per assessee’s stand that it had entered into contract with its principal followed by its sub-contracts with the payee parties. We make it clear that it has not placed on record the said sub-contracts indicating it to have not passed over the corresponding liabilities to the payees concerned. We make it clear that sec. 194C of the Act in assessment year 2007-08 question duly applied in case of sub-contractual payments as well. Coupled with this, there is no evidence much less cogent one on record which could suggest that payees concerned had themselves retained all control and possession of the vehicles, tractors, bulldozer, JCD and other machineries qua sec. 194I issue. Case file makes it clear that the Assessing Officer has passed his consequential order / received on 05.10.2016 reducing the impugned demand from ₹14,03,537/- to ₹6,26,719/- only. We therefore do not see any merit in assessee’s above sole substantive grievance in these peculiar facts and circumstances. - Decided against assessee.
|