Case Law Details
CIT Vs Pioneer Peresonalised Holidays (P.) Ltd (Kerala High Court)
Hiring of vehicles does not fall within the ambit of Section 194C of the Act. From 01.06.2007 definitely deduction would have to be made at source even for hiring of vehicles as Section 194-I of the Act stands amended to bring in such transactions also.
Both the Income Tax Appeals are with respect to the very same issue the slight difference on facts in so far as the assessee in ITA No.176 of 2013 hiring vehicles for carriage of goods and the assessee in ITA No.138 of 2013 hiring vehicles for carriage of passengers. The assessee in ITA No.176 of 2013 is a transporting contractor and the assessee in ITA No.138 of 2013 is a tour operator. The order of the Tribunal in ITA No.176 of 2013 was followed in ITA No.138 of 2013. Hence we deal with the facts as available in ITA No.176 of 2013.
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It’s definitely gave a clarity in tds applicability in Vehicle hiring charges.
But in 194 C Covered in Work Contracts