TDS u/s. 194C not deductible on capital grant subsidy extended by NHAI: Delhi HC

CIT (TDS)-2 Vs National Highway Authority of India (Delhi High Court)

Delhi High Court held that TDS under section 194C of the Income Tax Act not deductible on capital grant subsidy extended by NHAI to the Concessionaire since it cannot be construed as payment made for a work undertaken by the contractor.

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