Section 194C of Income-tax Act does not stipulate existence of a written contract as a condition precedent for payment of TDS

The contract may be in writing or it may be oral but the liability to pay tax arises when the recipient of the said amount receives payment in excess of Rs. 20,000.

CASE LAWS DETAILS

DECIDED BY: HIGH COURT OF KARNATAKA,

IN THE CASE OF: J. Rama Vs CIT,

APPEAL NO: ITA No. 418 of 2009,

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