This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Activity of Mere Hiring of Machineries and Equipments does not attract TDS: Allahabad HC
Case Law Details
- Case Name
- CIT Vs M/S Jai Prakash Enterprises Ltd. (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All High Courts, Allahabad High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
In the present case, taking of the machinery and equipment on hire would not amount to a contract for carrying out any work as contemplated in section 194C of the Act. The said contract i.e. taking of machinery and equipment on hire also cannot be treated with a contract for supply of labour. Therefore, the provisions of section 194C of the Act were not applicable to the facts of the assessee’s case, as such no disallowance was called for u/s 40(a) (ia) of the I. T. Act.
Please note that this case law is related to Assessment Year 2006-07 and so may not help for cases related to Assessme...
