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Income Tax - Highlights / Catch Notes

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TDS - taking of the machinery and equipment on hire would not ...


Hiring Equipment Not a Work Contract u/s 194C; No TDS Liability for Such Agreements.

March 21, 2017

Case Laws     Income Tax     HC

TDS - taking of the machinery and equipment on hire would not amount to a contract for carrying out any work as contemplated in section 194C - The said contract i.e. taking of machinery and equipment on hire also cannot be treated with a contract for supply of labour - No TDS liability u/s 194C - HC

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