Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2015 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (3) TMI 193 - AT - Income TaxNon deduction of TDS from transport payments u/s. 194C - CIT(A) deleted disallowances - whether there is a contract for hiring of carriers of goods from the transport company, who are having goods carriage? - Held that:- Admittedly, the assessee has debited carriage inward expenses paid to six transport contractors, who are transport companies having in the carriage business for the purpose of hiring towards carriage of goods. Definitely, once the hiring is made, the contract exists, as to whether verbal or written. Once there is a verbal contract the provision of section 194C will apply and once provisions of section 194C apply the provisions of 40(a)(ia) of the Act will apply. See ITO Vs. MGB Transport [2013 (11) TMI 1321 - ITAT KOLKATA] - Decided in favour of revenue.
|