No TDS on Joint Venture Payments Without Contractual Relation

Ramky ECI JV Vs ITO (ITAT Kolkata)

ITAT Kolkata held that Joint Venture is not required to deduct TDS u/s. 194C from the payments made to one of its constituents for execution of work awarded to it as no contractual relation exists. Further, Joint Venture is also not required to deduct TDS u/s. 194H from payments made to another constituent as compensation.

Facts- The issue involved in the present two appeals is that whether assessee who is a Joint Venture is required to d

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