Tuesday, April 16, 2013

SECTION 194C: TDS ON CONTRACTORS- NOT APPLICABLE


  • No section 194C TDS from payments to transporters, if contract is for hiring of Lorries only and not for carriage of goods.
  • Salary paid by assessee to deputed employees of other companies, who worked under its control and management and whose salary was charged on its profits, did not constitute payment made for works contract coming under section 194C.

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