Tuesday, October 4, 2011

TDS u/s 194C is deductible on payment of hire charges by a transporter to a

TDS u/s 194C is deductible on payment of hire charges by a transporter to another transporter for carrying passengers from one place to another

Income-tax : Payments made by assessee-transporter to other vehicle owners in consideration of their providing vehicles with drivers to assessee for carrying passengers of its hirer from one place to another is deemed as `work' within meaning of section 194C and therefore, assessee was liable to deduct TDS therefrom under the provisions of section 194C [Section 194C of the Income-tax Act, 1961 - Deduction of tax at source - Contractors/sub-contracts, payments to] - [2011] 10 taxmann.com 143 (Ahd. - ITAT)

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