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Income Tax - Highlights / Catch Notes

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'Work' under Section 194C - TDS on work contract - In a case ...

Income Tax

June 11, 2012

'Work' under Section 194C - TDS on work contract - In a case where three separate agreements entered into and one such agreement is agreement for supply of material and because the said agreement is a part of a composite transaction, section 194C cannot be pressed into service to deduct tax at source. - HC

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