Society not liable to deduct TDS on payments made to the truck owners who are also members of the society

RELEVANT PARAGRAPH 11. Having said so, we are still of the considered view that s. 194C(2) is not attracted in the present case. The heading of s. 194C reads thus : “Payments to contractors and sub-contractors” Sec. 194CU) deals with payments made to the contractor which in this case would mean the payment made by companies which entered into contract of transportation with the assessees. Admittedly the companies deducted tax at source in terms of s. 194C(1). The entire amount received by the assessee from the companies after deductions was paid to the members of the truck operator...