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2018 (6) TMI 1383 - SCH - Income TaxTDS u/s 194C - failure to deduct tds on payment to the transporters - HC has held [2017 (7) TMI 1153 - RAJASTHAN HIGH COURT] that, Section 194(c) read with 204(iii) will come into operation only on the payment made by assessee and as rightly discussed since payment is not made by the assessee if at all there is default the default is of Mangalam. Since the payment was not received, the same is required to be considered in the books of account since TDS is deducted by the Mangalam on behalf of assessee completely. Held that:- No ground to interfere with the impugned order. The special leave petitions are, accordingly, dismissed. - Decided in favour of assessee.
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