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2018 (3) TMI 80 - AT - Income TaxDisallowance of expenditure u/s 40A(3) - Held that:- As per the copy of ledger of Boulders & Murram, the daily cash payment is more than ₹ 20,000/- but single payment towards individual suppliers or parties has not been exceeded the specified limit of ₹ 20,000/-. The original vouchers have been produced by the assessee which were verified. - Decided against revenue TDS u/s 194C - Addition u/s 40a(ia) - tds liability on Earth Digging Charges, stone cutting charges and cartage/carriage heads - Held that:- This expenditure was incurred by the appellant by hiring individual labour at its remote sites or villages and daily payments though its site supervisor or employees. These labours were not regular labour. Also temporary labours were deployed at multiple remote sites, therefore, the assessee or his supervisors have withdrawn money from bank accounts for payment to the labour. Therefore, there is no liability for TDS u/s 40(a)(ia). There is no any agreement with any agency or subcontractor for cartage or supply of goods. Also there is no single payment to individual party more than ₹ 50,000/- during the year under consideration. Therefore, the provision of section 194C is not applicable. The original vouchers have been produced by the assessee for verification. - Decided against revenue
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