TDS on Transport Charges : Benefit of Section 194C(6) cannot be denied for violation of section 194C(7)

ITO Vs M/s. Sugarchem (ITAT Mumbai) The AO in the course of assessment proceedings requested the assessee to furnish the reasons why no TDS was deducted in respect of transportation charges. The assessee furnished PAN details of the transporters to the tune of 67,24,412/- out of 80,23,971/- in respect of nine transporters referred to in the assessment order and claimed that no TDS was deductible on the payments made as the transporters have furnished their PAN details to the assessee as per provisions of Section 194C(6) of the Act. However, the AO was of the view that since the assessee did no...