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Exemption from TDS u/s 194C(6) - lorry hire charges - Even ...


Exemption from TDS on Lorry Hire Charges u/s 194C(6) with Penalty for Non-Compliance Under Sub-Section (7.

November 21, 2019

Case Laws     Income Tax     HC

Exemption from TDS u/s 194C(6) - lorry hire charges - Even assuming that the assessee had not furnished the particulars as required under Sub-Section (7) of Section 194C of the Act in the prescribed form, the maximum that could be done is to impose a fine of ₹ 200/- for every day of such non compliance.

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