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2015 (7) TMI 774 - AT - Income TaxNon deducting tax at source under section 194C - remuneration for comprehensive composite deal of setting up of windmill - Held that:- As per the definition of work as contained in the Explanation to clause-4(e) to sec.194C the value of the material purchased from such customer is required to be excluded if such value mentioned separately in the invoice. In the case in hand, there is no ambiguity about the fact that a separate consideration and value of the supply of goods/windmill turbine converter and other equipments is separately given. Therefore, in the facts and circumstances of the case, where the value/consideration of supply of windmill turbine converters and other equipment is separately given in the invoices and rather separate invoices are placed by the supplier, then the assessee is not liable to deduct any tax at source as per the provisions of sec.194C so far the payment is made for supply of the windmill turbine and other equipments. Accordingly, we set aside the orders of the authorities below and decide the issue in favour of the assessee.
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