No TDS u/s 194C on Simpliciter payment towards Crane hiring charges

Ms Bhangal Construction Co. Vs ITO (ITAT Jalandhar) Simpliciter payment towards hiring charges of cranes cannot be brought within the sweep of the definition of the term work as envisaged in Sec. 194C of the IT Act. We thus are of the considered view that the lower authorities had erred in concluding that as the assessee had failed to deduct tax at source under Sec. 194C of the IT Act on the payments made towards hiring charges of cranes aggregating to Rs. 9,50,600/-, hence the said amount was liable to be disallowed under Sec. 40(a)(ia) of the IT Act. In our considered view, as the assessee w...